JOHANNESBURG (Reuters) – South Africa’s manufacturing output fell 4.7% year on year in December after falling by a revised 1.8% in November, statistics agency data showed on Thursday.
Factory production rose 0.1% month on month in December. Analysts had predicted a 2.5% drop in annual terms and a 0.5% month-on-month decline.
(Reporting by Anait Miridzhanian; Editing by Nqobile Dludla)
