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Manufacturing output climbs
Manufacturing output climbs

Manufacturing output climbs

SERVICES NEWS

Fin24/ Reuters - Sep 12th 2013, 14:50

Johannesburg - Manufacturing output increased by 5.4% year-on-year in volume terms in July from a revised 0.5% in June, Statistics South Africa said on Wednesday. 

On a month-on-month basis, factory production rose 5% and was up 2.2% in the three months to July compared with the preceding period.

Economists polled by Reuters had predicted year-on-year growth of 1.5% for June. Statistics SA has revised the base year to 2010 from 2005, affecting previous data. From Fin24.com 

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