Finweek English Edition - - ECONOMIC TRENDS -

The an­nual growth in man­u­fac­tur­ing pro­duc­tion rose to 4,6% in Novem­ber from 2,3% in Oc­to­ber. Month-on-month, the in­crease was a sea­son­ally ad­justed 2,5%. Cit­i­group says the Oc­to­ber/Novem­ber av­er­age of sea­son­ally ad­justed out­put is only up 0,7% from the third quar­ter mean. Un­less out­put surged again in De­cem­ber, man­u­fac­tur­ing is un­likely to fully re­coup its third quar­ter con­trac­tion.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.