South Africa Manufacturing Production m/m

Country: South Africa, ZAR
Importance:
Low
Sector: Business
Last release
Actual
-2.7%
Forecast
-0.2%
Previous
1.2%
Next release
Actual
Coming in 21 days
Forecast
0.0%
Previous
-2.7%
Date (GMT)
Reference
Actual
Forecast
Jul 2014
-3.6%
Jun 2014
1.4%
May 2014
-3.3%
Apr 2014
3.5%
Mar 2014
-1.9%
Feb 2014
-1.9%
Jan 2014
0.5%
Dec 2013
0.4%
Nov 2013
0.3%

Manufacturing Production m/m measures the output of South African manufacturing companies. The indicator covers all production sectors: mining business, industrial companies and suppliers of electricity, gas and water.

Analysts use the indicator to evaluate early changes in economic development, as well as to forecast the GDP. A rising index may indicate an expansion of the economy and is seen as positive for ZAR.

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