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South Africa's manufacturing output up 0.8 percent year/year in January
March 14, 2017 / 11:12 AM / 8 months ago

South Africa's manufacturing output up 0.8 percent year/year in January

JOHANNESBURG, March 14 (Reuters) - South Africa’s manufacturing output rose 0.8 percent year-on-year in January, lagging market expectations, after contracting 2 percent in December, Statistics South Africa said on Tuesday.

Economists polled by Reuters had forecast manufacturing volumes would rise by 1.05 percent year-on-year in January.

On a month-on-month basis, factory production fell 0.4 percent and edged down by 0.4 percent also in the three months to January compared with the previous three months. (Reporting by Olivia Kumwenda-Mtambo; Editing by Louise Ireland)

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