JOHANNESBURG, Sept 11 (Reuters) – South Africa’s
manufacturing output grew 5.8 percent year-on-year in volume
terms in July, almost in line with market expectations, after a
revised 0.9 percent rise in June.
The consensus of economists in a Reuters poll was for
factory output to come off the low base from the previous month
to 6.0 percent growth in July.
Statistics South Africa said on a month-on-month basis
production fell by a seasonally adjusted -1.1 percent but nudged
higher by 0.1 percent in the quarter to June compared with the
previous three months.
(Reporting by Xola Potelwa; Editing by Ed Cropley)
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