South Africa's manufacturing production increased by 1.1% year-on-year in July, with the food and beverages and the petroleum, chemical products, rubber and plastic products division having made the largest positive contributions, Statistics South Africa (Stats SA) reports.
Food and beverages production increased by 4.1% year-on-year in July, contributing one percentage point to the overall figure, while the production of petroleum, chemical products, rubber and plastic products increased by 3.2% and contributed 0.6 of a percentage point to the overall figure.
The wood and wood products, paper, publishing and printing division made the largest negative contribution, with output down 7.3% and the division contributing -0.7 percentage points to the overall figure.
Further, Stats SA notes that seasonally adjusted manufacturing production increased by 2.2% month-on-month in July. This followed month-on-month changes of 0.8% in June and 1.2% in May.
Seasonally adjusted manufacturing production increased by 1% in the three months ended July, compared with the previous three months. Six of the ten manufacturing divisions reported positive growth rates over this period.
