Finweek English Edition - - Economic Trends -

STATIS­TICS SA says the util­i­sa­tion of pro­duc­tion ca­pac­ity by large man­u­fac­tur­ers was 78,4% in Fe­bru­ary com­pared with 77,1% in the same month a year ago – an in­crease of 1,3 per­cent­age points. Man­u­fac­tur­ing ca­pac­ity util­i­sa­tion has shown a de­ci­sive curve up­wards af­ter fall­ing pre­cip­i­tously dur­ing the re­ces­sion. Econ­o­mists say ca­pac­ity util­i­sa­tion must in­crease be­fore busi­nesses will again un­der­take fixed in­vest­ment spend­ing.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.