Factory output falls more than expected in November
Manufacturing production declined 3.6% year-on-year, more than the 1.3% expected by economists polled by Bloomberg
09 January 2020 - 14:24
Factory output shrank more than expected in November, falling for the sixth consecutive month, Stats SA data showed on Thursday.
The latest manufacturing data comes as SA experiences ongoing economic headwinds, including record low business confidence levels, ongoing power cuts by Eskom, and declining expectations for economic growth. ..
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