Related
Unemployment rate increases to 33.2%
14 Aug 2025
SA unemployment rate falls for first time in a year
Kopano Gumbi and Tannur Anders 12 Nov 2024
Top stories
Manufacturing production falls 2.7 year on year on October
The volume of goods produced by South African factories fell 2.7% in October from the same month in 2015, Statistics SA reported on Thursday.
(c) Name - 123RF.com
Stats SA's manufacturing volume index came in at 115 points in October, down from 118.2 points the previous year.
Manufacturing data was Thursday's second blow to hopes of SA's fourth-quarter gross domestic product showing an improvement from the third-quarter's 0.2% growth. Stats SA earlier reported mining production fell 2.9% in October from the same month the previous year.
Measured by value, South African factories sold R181.5bn worth of goods in October, 3.5% higher than the R175.3bn sold in October 2015, and 0.3% higher than the R181bn sold in September.
Stats SA revised September's figure to show a 0.2% annual growth in manufacturing volume from the provisionally reported zero percent.
The main contributors to October's manufacturing volume decline were food and beverages which fell 7.3% from the previous year, transport equipment which fell 9.9%, and petroleum products which fell 1.7%.
Source: BDpro
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
