Manufacturing output up

08 August 2008 - 02:00
By unknown

Manufacturing growth for June came in stronger than expected, allaying fears of an imminent recession. The pleasant surprise in manufacturing growth should help lift the second quarter's gross domestic product (GDP) from the first quarter's 2,1percent low. Statistics South Africa is scheduled to publish the second quarter's GDP growth on August 19. - Robert Laing

Manufacturing growth for June came in stronger than expected, allaying fears of an imminent recession. The pleasant surprise in manufacturing growth should help lift the second quarter's gross domestic product (GDP) from the first quarter's 2,1percent low. Statistics South Africa is scheduled to publish the second quarter's GDP growth on August 19. - Robert Laing