South Africa Manufacturing Production MoM  Forecast


Industrial Production Mom in South Africa is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in South Africa to stand at 0.12 in 12 months time. In the long-term, the South Africa Manufacturing Production MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.


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South Africa Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 35 45 35.51 36.48 38.32 45
Manufacturing PMI 44.9 54.5 54.7 54.7 50.38 55.9
Industrial Production 1.5 1.9 0.91 1.01 1.05 1
Industrial Production Mom 0.3 -0.2 0.14 0.13 0.12 0.5
Capacity Utilization 81.3 81.9 81.25 81.3 81.35 81.5
Changes in Inventories 5340 4667 4483 4603 4972 5432
Bankruptcies 179 179 187 195 201 225
Total Vehicle Sales 50320 48253 47896 47643 47289 44832
Car Registrations 33669 31461 31005 30511 30010 26773
Leading Economic Index -0.1 0.4 0.1 0.1 0.11 1
Mining Production 6.9 0.5 0.28 0.05 -0.01 1.2
Steel Production 554 584 607 625 639 681
Coincident Index 93 92.94 93.3 93.64 93.97 96.5
Competitiveness Index 4.32 4.42 4.4 4.4 4.4 4.53
Competitiveness Rank 61 48 50 50 50 45
Composite Pmi 48.5 49.83 49.89 49.9 49.9 49.9
Ease of Doing Business 74 72 67 64 62 69
Electricity Production 22083 21829 21576 21338 21113 19635
Corruption Index 45 45 46 46 46 48
Corruption Rank 64 60 62 62 62 57