Manufacturing production in South Africa rose by 3.7% from a year earlier in July of 2022, below market estimates of a 4% growth, following three consecutive months of downturn. There was a solid rebound in sales of food and beverages (9.7% vs -3.5% in June) and motor vehicles, parts and accessories and other transport equipment (12.1% vs -15.5%). Other positive contributions came from radio, television and communication apparatus and professional equipment (18.9% vs 11.3%); textiles, clothing, leather and footwear (9.1% vs -3.3%) and furniture and other manufacturing (4.9% vs -3.2%). On a seasonally adjusted monthly basis, manufacturing output edged down by 0.2% in July, after an upwardly revised 2% slump in June, compared with market forecasts of a 0.7% fall. source: Statistics South Africa

Industrial Production in South Africa averaged 0.82 percent from 1974 until 2022, reaching an all time high of 102.20 percent in April of 2021 and a record low of -53 percent in April of 2020. This page provides - South Africa Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Industrial Production in South Africa is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Manufacturing Production is projected to trend around 1.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models.

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South Africa Manufacturing Production



Calendar GMT Actual Previous Consensus TEForecast
2022-08-11 11:00 AM Jun -3.5% -1.8% -2.9% -2.5%
2022-09-08 11:00 AM Jul 3.7% -3.4% 4% 4.7%
2022-10-11 11:00 AM Aug 3.7% 2%


Related Last Previous Unit Reference
Industrial Production Mom -0.20 -2.00 percent Jul 2022
Industrial Production 3.70 -3.40 percent Jul 2022
Changes in Inventories 27306.00 4801.00 ZAR Million Jun 2022
Bankruptcies 165.00 145.00 Companies Jul 2022
Mining Production -8.40 -7.10 percent Jul 2022
Gold Production -19.70 -28.70 percent Jul 2022
Electricity Production 20544.00 20485.00 Gigawatt-hour Jul 2022

South Africa Manufacturing Production
In South Africa, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
3.70 -3.40 102.20 -53.00 1974 - 2022 percent Monthly
2015=100, NSA

News Stream
South Africa Factory Output Rebounds in July
Manufacturing production in South Africa rose by 3.7% from a year earlier in July of 2022, below market estimates of a 4% growth, following three consecutive months of downturn. There was a solid rebound in sales of food and beverages (9.7% vs -3.5% in June) and motor vehicles, parts and accessories and other transport equipment (12.1% vs -15.5%). Other positive contributions came from radio, television and communication apparatus and professional equipment (18.9% vs 11.3%); textiles, clothing, leather and footwear (9.1% vs -3.3%) and furniture and other manufacturing (4.9% vs -3.2%). On a seasonally adjusted monthly basis, manufacturing output edged down by 0.2% in July, after an upwardly revised 2% slump in June, compared with market forecasts of a 0.7% fall.
2022-09-08
South Africa Factory Output Shrinks More than Expected
Manufacturing production in South Africa slipped by 3.5% from a year earlier in June of 2022, after a downwardly revised 1.8% fall in the prior month and worse than market forecasts of a 2.9% drop. It marks the third consecutive month of contraction in manufacturing activity after load-shedding ramped up amid work stoppages at Eskom. The largest negative contributions came from the manufacture of motor vehicles, parts and accessories and other transport equipment (-17%); food and beverages (-3.8%) and basic iron and steel, non-ferrous metal products, metal products and machinery (-2.9%). On a seasonally adjusted monthly basis, manufacturing output fell by 1.5%, after a revised 0.2% rise in May and more than market forecasts of a 0.5% decrease.
2022-08-11
South Africa Factory Output Shrinks Less than Expected
Manufacturing production in South Africa fell by 2.3% from a year earlier in May of 2022, after a downwardly revised 7.6% slump in the prior month and slightly better than market forecasts of a 2.4% drop. It marks the third consecutive month of contraction in manufacturing activity although at a slower pace than in the prior month, as production fell much slower primarily for the manufacture of motor vehicles, parts & accessories and other transport equipment (-19.2% vs -29%); basic iron and steel, non-ferrous metal products, metal products and machinery (-2.3% vs -4.9%). Additionally, output rebounded for petroleum, chemical products, rubber and plastic products (7.5% vs -10.1%), of which coke, petroleum products and nuclear fuel (12.5% vs -17.9%) and textiles, clothing, leather and footwear (5.2% vs -8%). On a seasonally adjusted monthly basis, manufacturing output went down by 0.2%, defying market expectations of a 1.5% rise.
2022-07-12