Latest reading: Industrial production was up 1.5% in seasonally adjusted month-on-month terms in November, following a 1.0% fall in the...
Manufacturing Production in South Africa
The economy recorded average manufacturing growth of -0.6% in the decade to 2024. In 2024, manufacturing growth was -0.4%, down from the 0.6% reading of the 2023.
South Africa Manufacturing Chart
Note: This chart displays Manufacturing Production (ann. var. %) for South Africa from 2014 to 2025.
Source: Macrobond.
South Africa Manufacturing Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Manufacturing production (ann. var. %) | -12.3 | 6.2 | 0.0 | 0.6 | -0.4 |
Manufacturing production falls in November
Latest reading: Manufacturing production declined 1.1% in seasonally adjusted month-on-month terms in November, following 1.0% growth in the prior month. November's reading was the weakest since March. Relative to the prior month's data, readings in November softened for petroleum, chemical products, rubber and plastic products (+1.3% on a seasonally adjusted month-on-month basis vs +1.7% in October), food and beverages (-0.2% vs +0.5% in October), basic iron and steel, non-ferrous metal products, metal products and machinery (-4.1% vs +2.0% in October) and wood and wood products, paper, publishing and printing (-0.6% vs -0.3% in October). On a year-on-year basis, manufacturing output fell 1.0% in November, following a 0.4% rise in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects South African manufacturing projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable manufacturing forecast available for South African manufacturing.
Download one of our sample reports to visualize what a Consensus Forecast is and see our South African manufacturing projections.
Want to get access to the full dataset of South African manufacturing forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Italy: Industrial production returns to growth in November -
Japan: Industrial production contracts in November Latest reading: Industrial production was down 2.7% in seasonally adjusted month-on-month terms in November, following a 1.5% rise in the... -
Euro Area: Industrial output rises in November Latest reading: Industrial production rose 0.7% in calendar- and seasonally adjusted month-on-month terms in November, following a 0.7% increase in... -
Cyprus: Industrial production accelerates in November Latest reading: Industrial production was up 10.5% on a calendar-adjusted year-on-year basis in November—well above the bloc average—following a 3.8%... -
Norway: Industrial production falls at a softer clip in November Latest reading: Industrial production was down 2.2% on a seasonally adjusted month-on-month basis in November, following a 3.1% decline in... -
Sweden: Industrial production recovers in November Latest reading: Industrial production—excluding energy—rose 0.1% in a calendar- and seasonally adjusted month-on-month terms in November, following a 6.0% drop... -
Belgium: Industrial production shrinks more quickly in November Latest reading: Industrial production fell 2.3% in seasonally adjusted month-on-month terms in November, following a 2.0% fall in the prior...