Manufacturing production in South Africa shrank by 0.8% year-on-year in September 2024, following a similar revised decline in the prior month and marking the second consecutive period of downturn. Output fell sharply for motor vehicles, parts and accessories and other transport equipment (-18.7%) and textiles, clothing & accessories (-4.9%). In contrast, it increased the most for electrical machinery (+5.8%) and petroleum, chemical products, rubber and plastic products (+3.1%). On a seasonally adjusted monthly basis, industrial output stalled in September, after an upwardly revised 0.7% decrease in the prior month. Seasonally adjusted manufacturing production increased by 0.2% in the third quarter of 2024 compared with the second quarter of 2024. source: Statistics South Africa

Industrial Production in South Africa decreased 0.80 percent in September of 2024 over the same month in the previous year. Industrial Production in South Africa averaged 0.80 percent from 1974 until 2024, reaching an all time high of 102.20 percent in April of 2021 and a record low of -53.00 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 November of 2024.

Industrial Production in South Africa decreased 0.80 percent in September of 2024 over the same month in the previous year. Industrial Production in South Africa is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-10 11:00 AM
Manufacturing Production YoY
Aug -1.2% 1.6% 1.3%
2024-11-12 11:00 AM
Manufacturing Production YoY
Sep -0.8% -0.8% -2.0%
2024-12-10 11:00 AM
Manufacturing Production YoY
Oct -0.8%


Related Last Previous Unit Reference
Bankruptcies 117.00 128.00 Companies Sep 2024
Changes in Inventories 9561.00 3762.00 ZAR Million Jun 2024
Electricity Production 19879.00 20838.00 Gigawatt-hour Sep 2024
Gold Production YoY -3.70 -4.60 percent Sep 2024
Manufacturing Production YoY -0.80 -0.80 percent Sep 2024
Manufacturing Production MoM 0.00 -0.70 percent Sep 2024
Mining Production MoM 4.70 0.30 percent Sep 2024

South Africa Manufacturing Production
In South Africa, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -0.80 102.20 -53.00 1974 - 2024 percent Monthly
2015=100, NSA


News Stream
South Africa Factory Output Falls for 2nd Month
Manufacturing production in South Africa shrank by 0.8% year-on-year in September 2024, following a similar revised decline in the prior month and marking the second consecutive period of downturn. Output fell sharply for motor vehicles, parts and accessories and other transport equipment (-18.7%) and textiles, clothing & accessories (-4.9%). In contrast, it increased the most for electrical machinery (+5.8%) and petroleum, chemical products, rubber and plastic products (+3.1%). On a seasonally adjusted monthly basis, industrial output stalled in September, after an upwardly revised 0.7% decrease in the prior month. Seasonally adjusted manufacturing production increased by 0.2% in the third quarter of 2024 compared with the second quarter of 2024.
2024-11-12
South Africa Factory Output Falls in August
Manufacturing production in South Africa fell by 1.2% year-on-year in August 2024, following a downwardly revised 1.6% rise in the prior month. Output decreased noticeably for motor vehicles, parts and accessories & other transport equipment (-16.1%), in addition to basic iron and steel, non-ferrous metal products, metal products and machinery (-5.4%) and textiles, clothing, leather and footwear (-4% vs 0.7%). On a seasonally adjusted monthly basis, industrial output fell by 0.6% in August, after a downwardly revised 1.6% increase in the prior month. Seasonally adjusted manufacturing production increased by 0.1% in the three months ended August 2024 compared with the previous three months.
2024-10-10
South Africa Factory Output Rebounds More than Expected
Manufacturing production in South Africa rose by 1.7% year-on-year in July 2024, recovering from a revised 5.5% decline in the prior month and more than an expected 0.7% increase. This marks the first rise in industrial activity after two consecutive months of decreases, mainly due to a sharp rebound in the production of food and beverages (9.5% vs -6.3% in June) and basic iron and steel, non-ferrous metal products, metal products and machinery (5.2% vs -9.1%). On a seasonally adjusted monthly basis, industrial output surged by 2.1% in July, after a revised 0.4% fall in the previous month. Seasonally adjusted manufacturing production shrank by 0.5% in the three months ended July 2024 compared with the previous three months.
2024-09-10