JOHANNESBURG Aug 8 (Reuters) – South Africa’s manufacturing
output grew 0.8 percent year-on-year in volume terms in June,
undershooting market expectations after a revised 4.4 percent
rise in May.
The consensus of economists in a Reuters poll was for
factory output to grow by 3.2 percent in June.
Statistics South Africa said on a month-on-month basis
production fell by a seasonally adjusted 2.4 percent and by 0.2
percent in the three months to June compared with the previous
three months.
(Reporting by Xola Potelwa; Editing by Ed Cropley)
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