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SA's factory output up 2.5%

Economy

Johannesburg - South Africa's manufacturing output rose 2.5 percent year-on-year in volume terms in December after a 0.3 percent increase in November, Statistics South Africa said on Tuesday.

On a month-on-month basis, factory production was up 0.4 percent and edged up 2.4 percent in the three months to December compared with the preceding period.

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File picture: Free Images

Economists polled by Reuters had expected year-on-year growth of 1.4 percent and of 0.2 percent on a month-on-month basis. - Reuters

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