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SA's factory output gains pace

Jan 12 2012 14:21 Reuters

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Johannesburg - Growth in South Africa’s manufacturing output quickened to 2.6% year-on-year in volume terms in November compared with an upwardly revised 1.2% rise in October, Statistics South Africa said on Thursday.

Economists in a Reuters survey expected year-on-year output growth of 0.7% in November. Compared with October, production in volume terms was up by a seasonally adjusted 2.9% and rose 2.0% in the three months to November compared with the previous three months.

 
 
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