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Friday, 18 February 2011

December Manufacturing Output Hit by Steel, Petroleum Slowdown in South Africa

Creamer's Media Engineering News
Feb 10, 2011

Manufacturing production increased by 4.9% in 2010, with six of the ten manufacturing divisions reporting higher production, after the significant dip of 12.9% recorded in recession-afflicted 2009.
However, the latest figures released by Statistics South Africa (Stats SA) on Thursday slowed disappointingly in December 2010 to 0.2%, when compared with December 2009, far lower than the 4.6% year-on-year increase in November 2010.
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