South African manufacturing output up 2.9% y/y in September

JOHANNESBURG (Reuters) – South Africa’s manufacturing output rose 2.9% year on year in September after rising by a revised 1.7% in August, statistics agency data showed on Thursday.

Factory production rose 4.9% month on month in September. Analysts had predicted a 2.35% fall in annual terms in September and for output to be flat month on month.

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