South Africa’s manufacturing output falls 49.4% year on year in April

PUBLISHED: Fri, 10 Jul 2020 09:42:27 GMT


JOHANNESBURG (Reuters) – South Africa’s manufacturing output fell 49.4% year on year in April during a nationwide lockdown, after contracting by a revised 5.5% in March, the statistics agency said on Thursday.

Factory production was down 44.3% in April month on month and declined 16.9% in the three months to the end of April, Statistics South Africa said.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.