Wednesday, the Statistics South Africa said in a report that the volume of manufacturing production dropped 15% year-on-year in February. Economists were looking a decline of 11.5%.
Month-on-month, manufacturing output fell 0.8% in February, after a 1.2% fall in January.
Meanwhile, the volume of manufacturing sales declined 9.2% year-on-year in February. Month-on-month, manufacturing sales were up 0.5%.
For comments and feedback: contact email@example.com