Weak March factory output to weigh on first quarter GDP
Economists sound warning as manufacturing sector defies forecasts of a recovery
08 May 2025 - 14:15
UPDATED 08 May 2025 - 18:37
SA manufacturing extended its losing streak for a third consecutive month in March, which economists say is likely to weigh on first-quarter GDP.
Thursday’s Stats SA publication rounds off data for the sector in the first quarter, which together offer an indication of its likely contribution to the next overall GDP reading. Manufacturing contributes 12%-13% of SA’s GDP...
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