Factory output higher

MANUFACTURING output rose by a higher-than-expected 8,7percent year-on-year in April compared with a revised 6,6percent expansion in March, Statistics South Africa said yesterday.

MANUFACTURING output rose by a higher-than-expected 8,7percent year-on-year in April compared with a revised 6,6percent expansion in March, Statistics South Africa said yesterday.

Compared with March, factory production in volume terms fell by 1,0percent in April.

Output was up 0,8percent in the three months to April compared with the previous three months. - Reuters

X