According to the preliminary data released by Statistics South Africa (SSA), in October this year South Africa's manufacturing output increased by 2.2 percent compared to the same month of 2016.
In October, the production of basic iron and steel, non-ferrous metal products, metal products and machinery increased by 5.8 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa rose by 7.7 percent, while the production of structural metal products fell by 6.5 percent, both on year-on-year basis. As compared with September, in October this year the production of basic iron and steel products in South Africa decreased by 0.2 percent and production of structural metal products fell by four percent.
For basic iron and steel products, the estimated seasonally adjusted sales of manufactured products (at current prices) in October this year increased by 8.2 percent month on month, amounting to ZAR 11.83 billion ($875.2 million).
