Manufacturing production in South Africa plunged by 7.8% from a year earlier in April of 2022, after a downwardly revised 0.6% decrease in the prior month and worse than market expectations of a 2.6% drop. It marks the second consecutive month of falling manufacturing activity and at the quickest pace since last October, reflecting the adverse impact of severe flooding in parts of the country and intense load-shedding. The main declines were observed in the production of motor vehicles, parts and accessories and other transport equipment (-28.6%), linked to a forced temporary shutdown of the Toyota plant due to the KZN floods; petroleum, chemical products, rubber and plastic products (-10.3%); food and beverages (-3.7%) and basic iron and steel, non-ferrous metal products, metal products and machinery (-4.4%). On a seasonally adjusted monthly basis, manufacturing output declined by 5.4%, the most in six months, compared with market estimates of a 2% fall. source: Statistics South Africa

Industrial Production in South Africa averaged 0.84 percent from 1974 until 2022, reaching an all time high of 101.80 percent in April of 2021 and a record low of -52.70 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 July of 2022.

Industrial Production in South Africa is expected to be -1.60 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
2022-05-12 11:00 AM Mar -0.8% 0.7% -0.9% -1%
2022-06-09 11:00 AM Apr -7.8% -0.6% -2.6% -2.3%
2022-07-12 11:00 AM May -7.8% -3.7%


Related Last Previous Unit Reference
Industrial Production Mom -5.40 0.30 percent Apr 2022
Industrial Production -7.80 -0.60 percent Apr 2022
Changes in Inventories -3756.00 -25046.00 ZAR Million Mar 2022
Bankruptcies 188.00 138.00 Companies May 2022
Electricity Production 19338.00 20240.00 Gigawatt-hour Apr 2022
Mining Production -14.90 -7.50 percent Apr 2022
Gold Production -27.80 -25.70 percent Apr 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
-7.80 -0.60 101.80 -52.70 1974 - 2022 percent Monthly
2015=100, NSA

News Stream
South Africa Factory Contraction Worse than Expected
Manufacturing production in South Africa plunged by 7.8% from a year earlier in April of 2022, after a downwardly revised 0.6% decrease in the prior month and worse than market expectations of a 2.6% drop. It marks the second consecutive month of falling manufacturing activity and at the quickest pace since last October, reflecting the adverse impact of severe flooding in parts of the country and intense load-shedding. The main declines were observed in the production of motor vehicles, parts and accessories and other transport equipment (-28.6%), linked to a forced temporary shutdown of the Toyota plant due to the KZN floods; petroleum, chemical products, rubber and plastic products (-10.3%); food and beverages (-3.7%) and basic iron and steel, non-ferrous metal products, metal products and machinery (-4.4%). On a seasonally adjusted monthly basis, manufacturing output declined by 5.4%, the most in six months, compared with market estimates of a 2% fall.
2022-06-09
South Africa Factory Output Falls Less than Expected
Manufacturing production in South Africa fell by 0.8 % year-on-year in March of 2022, reversing from an upwardly revised 0.7% growth in the prior month and surpassing market forecasts of a 0.9% fall. Output eased for textiles, clothing, leather and footwear (6.1% vs 8.5% in February); radio, television and communication apparatus and professional equipment (3.8% vs 15.5%); and electrical machinery (12.1% vs 16.4%). Also, production fell significantly for food and beverages (-2.6% vs 5.6%); metal products (-1.3% vs 3.9%); and continued to decline for wood and wood products (-3.3% vs -5.4%); and motor vehicles, parts and accessories and other transport equipment (-11.3% vs -7.1%). On a seasonally adjusted monthly basis, manufacturing output rose 0.6%, after an upwardly revised 1.5% fall in the previous month and compared with market expectations of a 1.4% increase. Considering the first three months of 2022, manufacturing output rose 0.8%.
2022-05-12
South Africa Manufacturing Output Unexpectedly Slows
Manufacturing production in South Africa went up by 0.2% year-on-year in February of 2022, decelerating sharply from a downwardly revised 2% growth in the prior month and well below market forecasts of a 3.1% rise. Output advanced much softer for food & beverages (4.2% vs 12.2% in January), while it fell in several categories, primary motor vehicles, parts and accessories and other transport equipment (-7.1% vs -3.9%). On a seasonally adjusted monthly basis, manufacturing output fell 1.1%, after an upwardly revised 2% rise in the previous month and compared with market expectations of a 1% decrease.
2022-04-11