South Africa’s factory output was flat in September from a year ago, data showed on Thursday, contrasting strong second quarter economic growth and increasing the risk of a credit rating downgrade. Separately, mining output increased by 3.4% year-on-year in September. But analysts said this was not sustainable as commodity prices struggle to recover.
Source: www.engineeringnews.co.za
South Africa’s manufacturing output flat, points to slowing economy
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