South African manufacturing output down 4.7% y/y in December

Tiger Brands beverage manufacturing facility in South Africa
One of Tiger Brands' most popular beverage products, Oros, is seen during production at a manufacturing facility in Germiston, South Africa November 17, 2022. REUTERS/James Oatway

JOHANNESBURG, Feb 9 (Reuters) - South Africa's manufacturing output fell 4.7% year on year in December after falling by a revised 1.8% in November, statistics agency data showed on Thursday.

Factory production rose 0.1% month on month in December. Analysts had predicted a 2.5% drop in annual terms and a 0.5% month-on-month decline.

Reporting by Anait Miridzhanian Editing by Nqobile Dludla

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