South Africa's manufacturing output rose by 6,2percent year-on-year in January compared with 5percent in December because of the weaker rand last year and strong local demand.
South Africa's manufacturing output rose by 6,2percent year-on-year in January compared with 5percent in December because of the weaker rand last year and strong local demand.
"Manufacturing is still fairly strong," said Citadel economist Salomi Odendaal. "There seem to be some capacity constraints and that might prevent the sector from growing faster." - Reuters
Manufacturing output increases
South Africa's manufacturing output rose by 6,2percent year-on-year in January compared with 5percent in December because of the weaker rand last year and strong local demand.
South Africa's manufacturing output rose by 6,2percent year-on-year in January compared with 5percent in December because of the weaker rand last year and strong local demand.
"Manufacturing is still fairly strong," said Citadel economist Salomi Odendaal. "There seem to be some capacity constraints and that might prevent the sector from growing faster." - Reuters
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