South Africa’s manufacturing output up 2.9% in January

Stats SA reports that South Africa’s manufacturing output increased by 2.9% in January 2022 compared to January 2021.


Source: Reuters/Mike Hutchings

The largest positive contributions came from the following divisions: food and beverages (11.5% and contribution of 2.5 percentage points); wood and wood products, paper, publishing and printing (6.8% and contribution of 0.7 percentage point); and basic iron and steel, non-ferrous metal products, metal products and machinery (3.2% and contribution of 0.6 percentage points).

Seasonally adjusted manufacturing output rose 4.0% in the three months ending January 2022 from the previous three months. Nine of the 10 manufacturing divisions recorded positive growth rates during this period.

The largest positive contributions came from the following divisions: basic iron and steel, non-ferrous metal products, metal products and machinery (6.3% and contribution of 1.3 percentage points); motor vehicles, parts and accessories and other transport equipment (11.3% and contribution of 1.0 percentage point); and petroleum, chemicals, rubber and plastic products (3.5% and contribution of 0.7 percentage points).

Manufacturing sales

Seasonally adjusted manufacturing sales rose 4.7% in January 2022 from December 2021. This follows monthly changes of 1.1% in December 2021 and 8.8% in November 2021.

Seasonally adjusted manufacturing sales rose 8.1% in the three months ending January 2022 from the previous three months. The largest contributions were made by the following divisions: motor vehicles, parts and accessories and other transport equipment (22.7% and contribution of 2.5 percentage points); basic iron and steel, non-ferrous metal products, metal products and machinery (9.5% and contributing 2.3 percentage points); and petroleum, chemicals, rubber and plastic products (7.0% and contribution of 1.3 percentage points).

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