South Africa's manufacturing production fell 2.1% from a year ago in February of 2020, following a downwardly revised 1.8% decrease and almost in line with market expectations of a 2.2% slump. It was the ninth consecutive month of declines in industrial activity. Lower output was recorded primarily for basic iron & steel, non-ferrous metal products, metal products & machinery (-4.8% vs -0.8% in January); wood & wood products, paper, publishing and printing (-6.3% vs -6.6%); textiles, clothing, leather & footwear (-9.1% vs -9.9%); glass and non-metallic mineral products (-9.1% vs -1.3%) and motor vehicles (-3% vs -11.7%). The only exceptions were the production of petroleum, chemical products, rubber & plastic products (0.3% vs -0.7%) and food & beverages (2.2% vs 1.4%). On a monthly basis, industrial production shrank 2.3%, after an upwardly revised 3% rise in the previous month.

Industrial Production in South Africa averaged 0.91 percent from 1974 until 2020, reaching an all time high of 18.50 percent in May of 1995 and a record low of -23.20 percent in April of 2009. This page provides - South Africa Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Statistics South Africa

Industrial Production in South Africa is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in South Africa to stand at 1.50 in 12 months time. In the long-term, the South Africa Manufacturing Production is projected to trend around 1.30 percent in 2021, according to our econometric models.

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South Africa Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
-2.10 -1.80 18.50 -23.20 1974 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-01-09 11:00 AM Nov -3.6% -0.8% -1.6%
2020-02-11 11:00 AM Dec -5.9% -3.2% -3.45% -4%
2020-03-12 11:00 AM Jan -2% -5.9% -4.65% -5.4%
2020-05-19 11:00 AM Feb -2.1% -1.8% -2.15% -1.8%
2020-06-11 11:00 AM Apr -5.3%
2020-06-11 11:00 AM Mar -2.1% -2.3%
2020-07-09 11:00 AM May
2020-08-11 11:00 AM Jun 1.6%


News Stream
South Africa Factory Output Shrinks for 9th Month
South Africa's manufacturing production fell 2.1% from a year ago in February of 2020, following a downwardly revised 1.8% decrease and almost in line with market expectations of a 2.2% slump. It was the ninth consecutive month of declines in industrial activity. Lower output was recorded primarily for basic iron & steel, non-ferrous metal products, metal products & machinery (-4.8% vs -0.8% in January); wood & wood products, paper, publishing and printing (-6.3% vs -6.6%); textiles, clothing, leather & footwear (-9.1% vs -9.9%); glass and non-metallic mineral products (-9.1% vs -1.3%) and motor vehicles (-3% vs -11.7%). The only exceptions were the production of petroleum, chemical products, rubber & plastic products (0.3% vs -0.7%) and food & beverages (2.2% vs 1.4%). On a monthly basis, industrial production shrank 2.3%, after an upwardly revised 3% rise in the previous month.
2020-05-19
South Africa Industrial Output Falls Less than Expected
South Africa's manufacturing production shrank 2 percent from a year ago in January of 2020, following a 5.9 percent plunge in December and compared with market expectations of a 4.65 percent decline. It was the eighth consecutive month of a downturn in industrial activity, though at the slowest pace since October. Output fell much less for wood & wood products, paper, publishing & printing (-6.7 percent vs -10.2 percent in December); motor vehicles (-5.6 percent vs -22.8 percent); basic iron & steel, non-ferrous metal products, metal products & machinery (-1.3 percent vs -4.1 percent); petroleum, chemicals, rubber & plastics (-0.7 percent vs -5.9 percent); food & beverages (-0.1 percent vs -1.2 percent) and furniture & other manufacturing (-2.9 percent vs -8.9 percent). On a seasonally adjusted monthly basis, industrial production grew 2.5 percent, recovering modestly from an upwardly revised 3 percent slump in the previous month and against market estimates of a 1 percent fall.
2020-03-12
South Africa Manufacturing Output Falls the Most since 2014
South Africa's manufacturing production tumbled 5.9 percent from a year earlier in December 2019, following a downwardly revised 3.2 percent decline in the prior month and more than an expected 3.45 percent slump. It was the steepest downturn in industrial activity since July 2014, as the country faced the worst power outages on record in December. Output shrank in all categories, mostly for motor vehicles, parts and accessories & other transport equipment (-24.9 percent); petroleum, chemical products, rubber & plastic products (-5.9 percent); wood & wood products, paper, publishing and printing (-9.9 percent); basic iron and steel, non-ferrous metal products, metal products and machinery (-3.3 percent) and food & beverages (-1.5 percent). On a seasonally adjusted monthly basis, industrial production fell 2.8 percent, after an upwardly revised 1.8 percent decrease in the previous month and compared with market expectations of a 0.7 percent drop.
2020-02-11
South Africa Factory Output Falls the Most in 5 Months
South Africa's manufacturing production slumped 3.6 percent from a year earlier in November 2019, following a 0.8 percent fall in October. It was the sixth straight month of declines in industrial activity and at the quickest pace since June. Main decreases were recorded in production of wood and wood products, paper, publishing and printing (-9.3 percent vs -5.7 percent); motor vehicles, parts and accessories & other transport equipment (-10 percent vs 0.6 percent); petroleum, chemical products, rubber & plastic products (-2.6 percent vs -0.5 percent); textiles, clothing, leather and footwear (-13.3 percent vs -9.5 percent) and basic iron and steel, non-ferrous metal products, metal products and machinery (-2.5 percent vs -2.4 percent). Output only increased for food & beverages (1.3 percent vs 4 percent). On a seasonally adjusted monthly basis, industrial production shrank 1.5 percent, after a downwardly revised 2.5 percent rise in October.
2020-01-09

South Africa Manufacturing Production
In South Africa, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.