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Manufacturing Remains Muted

SOUTH AFRICA
EM Bulletmarkets-real-timeBulletEmerging Markets
SOUTH AFRICA MARCH MANUFACTURING -0.8% Y/Y (FCST -1.4%); FEB +0.7% Y/Y

SOUTH AFRICA MARCH MANUFACTURING +0.6% M/M (FCST +1.2%); FEB - 1.5% M/M

  • Manufacturing production decreased 0.8% in March 2022 compared to last year. Motor vehicles/transport equipment and food and beverages were the key downwards pressures, which fell 11.3% and 2.6% respectively.
  • The petroleum, chemicals, rubber and plastics category was the main upwards driver in the March print, rising 4.1% in March.
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SOUTH AFRICA MARCH MANUFACTURING -0.8% Y/Y (FCST -1.4%); FEB +0.7% Y/Y

SOUTH AFRICA MARCH MANUFACTURING +0.6% M/M (FCST +1.2%); FEB - 1.5% M/M

  • Manufacturing production decreased 0.8% in March 2022 compared to last year. Motor vehicles/transport equipment and food and beverages were the key downwards pressures, which fell 11.3% and 2.6% respectively.
  • The petroleum, chemicals, rubber and plastics category was the main upwards driver in the March print, rising 4.1% in March.