Manufacturing output remained tepid in May

SA's manufacturing sector grew a marginal 1% year on year in May, but failed to hold onto a surge experienced in April, when the sector rebounded after being hit by load-shedding in first quarter of 2019.

Adding to the gloom, Stats SA revised the year on year growth rate for the sector to 4.3%, from 4.6% previously. The most significant negative contribution was made by the wood and wood products, paper, publishing and printing division, which fell 3.9% year on year, contributing 0.4 percentage points of decline to the headline figure.

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