Factory output rises at fastest pace in almost two years in March

Manufacturing activity rose 4.6% year on year in March, much better than the 1% gain expected, largely due to the food and beverage industry

2021-05-11 07:43:00 PM

Manufacturing activity rose 4.6% year on year in March, much better than the 1% gain expected, largely due to the food and beverage industry 🔒

Manufacturing activity rose 4.6% year on year in March, much better than the 1% gain expected, largely due to the food and beverage industry

11 May 2021 - 13:36Karl GernetzkySA’s embattled manufacturing sector rebounded in March as second-wave lockdown conditions eased, rising at its fastest pace in almost two years, and providing a minor, first-quarter bump for the economy as a whole.Overall factory output increased by an annual 4.6% in March, after a revised 2.5% decline in February, Stats SA said on Tuesday, its best performance since April 2019...

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Factory output rises at fastest pace in almost two years in MarchManufacturing activity rose 4.6% year on year in March, much better than the 1% gain expected, largely due to the food and beverage industry 🔒

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Factory output rises at fastest pace in almost two years in MarchManufacturing activity rose 4.6% year on year in March, much better than the 1% gain expected, largely due to the food and beverage industry 🔒

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