South Africa's manufacturing production slipped 10.8% from a year ago in August of 2020, following a downwardly revised 10.2% slump in the prior month which was the smallest since March. Output declined faster mostly for motor vehicles, parts and accessories and other transport equipment (-30.6% vs -29.7% in July); basic iron and steel, non-ferrous metal products, metal products and machinery (-11.7% vs -8.2%) and glass and non-metallic mineral products (-8.7% vs -1.1%). In addition, production shrank for petroleum, chemical products, rubber and plastic products (-5.4% vs 3.3%), in particular coke, petroleum products and nuclear fuel (-15.3% vs 3.7%). On a seasonally adjusted monthly basis, manufacturing production rose 3.6%, following a downwardly revised 5.9% growth in the previous month.

Industrial Production in South Africa averaged 0.68 percent from 1974 until 2020, reaching an all time high of 18.50 percent in May of 1995 and a record low of -48.90 percent in April of 2020. This page provides - South Africa Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics South Africa

Industrial Production in South Africa is expected to be -25.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in South Africa to stand at -1.80 in 12 months time. In the long-term, the South Africa Manufacturing Production is projected to trend around 1.80 percent in 2021 and 3.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
South Africa Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
-10.80 -10.20 18.50 -48.90 1974 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-11 11:00 AM May -32.4% -49.3% -25.3% -18%
2020-08-11 11:00 AM Jun -16.3% -32.4% -7.5%
2020-09-10 11:00 AM Jul -10.6% -15.8% -12.5% -10%
2020-10-12 11:00 AM Aug -10.8% -10.2% -7.5%
2020-11-10 11:00 AM Sep -10.8% -7.2%
2020-12-10 11:00 AM Oct


News Stream
South Africa Factory Sector Downturn Deepens
South Africa's manufacturing production slipped 10.8% from a year ago in August of 2020, following a downwardly revised 10.2% slump in the prior month which was the smallest since March. Output declined faster mostly for motor vehicles, parts and accessories and other transport equipment (-30.6% vs -29.7% in July); basic iron and steel, non-ferrous metal products, metal products and machinery (-11.7% vs -8.2%) and glass and non-metallic mineral products (-8.7% vs -1.1%). In addition, production shrank for petroleum, chemical products, rubber and plastic products (-5.4% vs 3.3%), in particular coke, petroleum products and nuclear fuel (-15.3% vs 3.7%). On a seasonally adjusted monthly basis, manufacturing production rose 3.6%, following a downwardly revised 5.9% growth in the previous month.
2020-10-12
South Africa Factory Activity Shrinks Less than Forecast
South Africa's manufacturing production fell 10.6% from a year ago in July of 2020, following a downwardly revised 15.8% slump in the prior month and less than an expected 12.5% decline. It was the softest downturn in industrial activity since March, amid some relaxation in lockdown measures. Slower decreases were recorded mostly for basic iron and steel, non-ferrous metal products, metal products & machinery (-11.6% vs -19.3% in June); glass and non-metallic mineral products (-9.8% vs -21.8%); wood & wood products (-13.1% vs -21.9%) and food & beverages (-11.4% vs -11.9%). In addition, production rebounded sharply for petroleum, chemical products, rubber and plastic products (4.3% vs -1.4%), of which coke, petroleum products and nuclear fuel (3.8% vs -5.7%). On a seasonally adjusted monthly basis, manufacturing activity rose 7.6%, after an upwardly revised 17.9% plunge in June and beating market consensus of a 2.5% gain.
2020-09-10
South Africa Manufacturing Sector Downturn Eases
South Africa's manufacturing production fell 16.3% from a year earlier in June of 2020, following a 32.4% plunge in May. It was the softest downturn in industrial activity since March when the global pandemic started to hit the economy and strict lockdown measures were implemented to curb its spread. Output shrank less across all categories, in particular, basic iron and steel, non-ferrous metal products, metal products & machinery (-19.6% vs -33.6% in May); food & beverages (-11.4% vs -21%); motor vehicles, parts and accessories & other transport equipment (-38.8% vs -62%) and petroleum, chemical products, rubber & plastic products (-2.2% vs -27.3%). On a seasonally adjusted monthly basis, industrial production grew 16.8%, following a 30.4% jump in the previous month.
2020-08-11
South Africa Factory Output Plunges at Record Pace
South Africa's manufacturing production crashed 49.4% year-on-year in April of 2020, following an upwardly revised 5.5% slump March. The downturn in manufacturing output was extended for an eleventh consecutive month and was the sharpest on record, reflecting the strong impact of the global pandemic and a nationwide lockdown to control it. Output declines were seen across all categories, primarily motor vehicles, parts and accessories & other transport equipment (-98% vs -8.3%); glass and non-metallic mineral products (-83.4% vs -16.7%); textiles, clothing, leather & footwear (-75.5% vs -11.9%); furnishings (-83.5% vs -3.3%); basic iron and steel, non-ferrous metal products, metal products & machinery (-65.4% vs -8.3%); coke, petroleum products (-63.9% vs -21.7%) and rubber products (-77.2% vs -9%). On a seasonally adjusted monthly basis, manufacturing production plunged at a record 44.3%, after falling 1.2% in the prior month.
2020-07-09

South Africa Manufacturing Production
In South Africa, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.