Statistics South Africa on Tuesday said manufacturing production decreased by 3.5% in November last year.
The largest contributors were petroleum, chemical products, rubber and plastic products, food and beverages, basic iron and steel, non-ferrous metal products, metal products, and machinery.
The decline in manufacturing production wasn’t unexpected given the difficult economic conditions that underpinned the year.
Economists had predicted that the effects of various levels of COVID-19 would still reflect in all industries.
Stats SA said seasonally adjusted manufacturing production decreased by 1.3% in November as compared to the month prior.
Notably, though seasonally adjusted production increased by 8,9% in the three months up to November as compared to June to August when the hard lockdown was still in force.
Manufacturing is the country’s fourth-largest industry, contributing around 14% to the GDP last year.
In other news – Generations actress Manaka Ranaka (Lucy) wows Fans with cute video of her new Baby – Watch
South African star actress Manaka Ranaka, who plays the role of Lucy Diale on Generations: The Legacy has wowed Mzansi of late with series of her bouncing baby boy pictures and videos which she has been sharing on Instagram.
She seems to be having the best of her maternity leave. No doubt the bouncing baby boy is more than a bundle of joy to Manaka Ranaka. Learn More