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SA manufacturing output up in April
SA manufacturing output up in April

SA manufacturing output up in April

FMCG SUPPLIER NEWS

Fin24 - Jun 8th 2012, 07:45

Johannesburg - South Africa's manufacturing output grew by 1.2% year-on-year in volume terms in April which was below expectations after contracting by 2.9% in March, Statistics South Africa said on Thursday. 

Economists on average had expected factory output to grow by 1.9% on an annual basis in April.

On a month-on-month basis, production in volume terms rose by a seasonally adjusted 1.3%, and by 0.4% in the three months to April compared with the previous three months. 

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