Manufacturing production increased in the second quarter of the year — indicating SA may be heading out of recession. Manufacturing production increased by 1.5% in the second quarter of 2017 compared with the first quarter, with six of the 10 manufacturing divisions reported positive growth rates over this period. Nonetheless, output from the sector experienced a significant drop in June — falling 2.3% from a year earlier. Manufacturing output has dropped in recent months. Manufacturing production fell by 0.8% year on year in May after shrinking 4.1% from a year earlier in April.
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