South Africa's manufacturing production rose 1.8% year-on-year in December of 2020, following an upwardly revised 4.1% slump in the prior month and against market expectations of a 1.3% fall. It was the first increase in manufacturing activity since May of 2019, mainly boosted by production of food & beverages (6.4% vs -4.1% in November); motor vehicles, parts, accessories and other transport equipment (18.1% vs 6.4%); basic iron and steel, non-ferrous metal products, metal products and machinery (3.6% vs -5.1%) and wood and wood products, paper, publishing and printing (3.7% vs -1.9%). In 2020, manufacturing output plunged 11% over a year earlier. On a seasonally adjusted monthly basis, manufacturing output went down 0.1%, following a downwardly revised 0.6% decrease and compared with market consensus of a 0.6% fall. source: Statistics South Africa

Industrial Production in South Africa averaged 0.66 percent from 1974 until 2020, reaching an all time high of 18.50 percent in May of 1995 and a record low of -48.70 percent in April of 2020. 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 February of 2021.

Industrial Production in South Africa is expected to be 3.00 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 4.80 in 12 months time. In the long-term, the South Africa Manufacturing Production is projected to trend around 3.00 percent in 2022, according to our econometric models.

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South Africa Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
1.80 -4.10 18.50 -48.70 1974 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-10 11:00 AM Sep -2.6% -11.1% -7.35% -7.2%
2020-12-10 11:00 AM Oct -3.4% -1.9% -1.3%
2021-01-12 11:00 AM Nov -3.5% -3.4% -1.5% -2.3%
2021-02-11 11:00 AM Dec 1.8% -4.1% -1.3% -1.7%
2021-03-11 11:00 AM Jan 1.8%
2021-04-08 11:00 AM Feb
2021-05-06 11:00 AM Mar
2021-06-10 11:00 AM Apr


News Stream
South Africa Manufacturing Output Unexpectedly Rebounds
South Africa's manufacturing production rose 1.8% year-on-year in December of 2020, following an upwardly revised 4.1% slump in the prior month and against market expectations of a 1.3% fall. It was the first increase in manufacturing activity since May of 2019, mainly boosted by production of food & beverages (6.4% vs -4.1% in November); motor vehicles, parts, accessories and other transport equipment (18.1% vs 6.4%); basic iron and steel, non-ferrous metal products, metal products and machinery (3.6% vs -5.1%) and wood and wood products, paper, publishing and printing (3.7% vs -1.9%). In 2020, manufacturing output plunged 11% over a year earlier. On a seasonally adjusted monthly basis, manufacturing output went down 0.1%, following a downwardly revised 0.6% decrease and compared with market consensus of a 0.6% fall.
2021-02-11
South Africa Factory Activity Shrinks More than Expected
South Africa's manufacturing production slumped 3.5% year-on-year in November of 2020, slightly faster than a 3.4% fall in the previous month and compared with market expectations of a 1.5% decrease. It was the 18th straight month of declines in factory activity and at the quickest pace since August. Production shrank primarily for petroleum, chemical products, rubber and plastic products (-9.6% vs -6.8% in October), namely coke, petroleum products and nuclear fuel (-32.3% percent vs -25.7%); food & beverages (-2.9% vs 0.1%); basic iron and steel, non-ferrous metal products, metal products and machinery (-3.9% vs -5%) and electrical machinery (-4.4% vs -1.4%). On a seasonally adjusted monthly basis, industrial production shrank 1.3%, following an upwardly revised 3.2% increase in the previous month and against market consensus of a 0.9% rise.
2021-01-12
South Africa Factory Activity Shrinks at Faster Pace
South Africa's manufacturing production fell 3.4 percent year-on-year in October of 2020, following a downwardly revised 1.9 percent decrease in September. Output shrank primarily for petroleum, chemical products, rubber and plastic products (-6.8 percent vs -0.9 percent in September), namely coke, petroleum products and nuclear fuel (-25.7 percent vs -10.1 percent); motor vehicles, parts and accessories and other transport equipment (-6.8 percent vs -12.6 percent); basic iron and steel, non-ferrous metal products, metal products and machinery (-5 percent, the same pace as in September) and textiles, clothing & footwear (-3.3 percent vs 0.8 percent). On a seasonally adjusted monthly basis, manufacturing output advanced 2.6 percent, following a downwardly revised 2.9 percent rise in the previous month.
2020-12-10
South Africa Factory Activity Shrinks Less than Forecast
South Africa's manufacturing production shrank 2.6% over a year earlier in September of 2020, following an upwardly revised 11.1% plunge in August and compared with market expectations of a 7.4% slump. It was the smallest decline in industrial activity since February, amid the further easing of lockdown restrictions in mid-September. Output fell less for petroleum, chemical products, rubber & plastics (-1.9% vs -6.1% in August); basic iron & steel, non-ferrous metals, metals & machinery (-7.5% vs -11.7%); electrical machinery (-3.2% vs -14.5%) and motor vehicles, parts and accessories & others (-12.7% vs -32.9%). Also, production rebounded for food & beverages (4.2% vs -6%); glass and non-metallic mineral products (2.7% vs -8.1%) and textiles, clothing & footwear (1.9% vs -9.4%). On a monthly basis, industrial production grew 3.2%, after a downwardly revised 3.3% increase in August and beating expectations of a 1.2% rise. In the Q3 of 2020, industrial activity grew 32.9%.
2020-11-10

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