SA March factory output up

Comment on this story
IOL image construction manufacturing FREE IMAGES File picture: Free Images

Johannesburg - Growth in South Africa's manufacturing output slowed to 0.7 percent year-on-year in volume terms in March after a revised 1.5 percent growth in February, Statistics South Africa said on Thursday.

On a month-on-month basis, factory production fell 1.9 percent and was down 1.6 percent in the three months to March, compared with the previous three months.

Economists polled by Reuters had expected year-on-year growth of 2.5 percent for March while factory output was seen down 1 percent on a month-on-month basis. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines