SA factory output up in August after contraction

Johannesburg - South Africa's manufacturing output expanded 2.2% year-on-year in August, above expectations, after contracting a revised 0.3% in July, Statistics South Africa said on Wednesday.

On a month-on-month basis, factory production was down 1% but edged up 0.1% in the three months to August compared with the previous three months.

Economists polled by Reuters forecast a 1.3% year-on-year increase in manufacturing volumes.

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