South Africa Factory Activity Contracts for 3rd Month

South Africa’s manufacturing production fell 1.7% year-on-year in June 2026, easing from a downwardly revised 4.4% decline in May and remaining in contraction for a third consecutive month. The decline in food and beverages (-3.9% vs -5.8%) and wood, wood products, paper, publishing and printing (-8.9% vs -12.9%) softened. Meanwhile, output rebounded for glass and non-metallic products (1.2% vs -8.3%), basic iron and steel, non-ferrous metal products, metal products and machinery (0.1% vs -5.8%), and radio, television and communication equipment and professional equipment (3.3% vs -4.5%). Growth in petroleum, chemical products, rubber and plastics slowed to 1.2% from 2.3%. On a seasonally adjusted monthly basis, manufacturing output rose 0.9%, following a revised 1% increase in May. For the first half of the year, output shrank 1.7% compared to a year earlier.

Manufacturing activity in South Africa slipped by 4.3% year-on-year in May 2026, following a 2.9% drop in April and worse than the expected 3.2% decline.The latest data showed the sector remained in contraction for a second consecutive month, with output falling at the fastest pace since April 2025. Among the main contributors to the decline were food and beverages, down 6.4% and subtracting 1.6 percentage points, as well as basic iron and steel, non-ferrous metal products, metal products and machinery, which dropped 5.6% and reduced growth by 1.3 percentage points. Output in wood and wood products, paper, publishing and printing plunged 11.0%, adding further pressure. On a seasonally adjusted monthly basis, output rose by 1.1%, after a downwardly revised 2.6% slump in the prior month. Manufacturing production shrank by 1% in the three months ended May 2026 compared with the previous three months.

Manufacturing activity in South Africa dropped by 2.9% year-on-year in April 2026, marking the steepest decline in a year, following an upwardly revised 1.5% increase in the prior month. The downturn was largely driven by basic iron and steel, non-ferrous metal products, metal products and machinery (-6%); wood and wood products, paper, publishing and printing (-10%) and motor vehicles, parts and accessories and other transport equipment (-11%). On a seasonally adjusted monthly basis, output shrank by 2.7%, after an upwardly revised 1.2% rise in the prior month. Manufacturing production fell by 1.3% in the three months ended April 2026 compared with the previous three months.