Manufacturing takes yet another knock
12 August 2015 - 02:16
MANUFACTURING production fell for the third consecutive month as business activity remained under pressure. Manufacturing takes yet another knockMANUFACTURING production fell for the third consecutive month as business activity remained under pressure. Output declined by 0.4% in June 2015 compared with June 2014, falling by 1.6% in May. UFX.com's Dennis de Jong said output figures would be closely monitored to establish if China's slowdown had started to hit the sector in earnest. "It will be a difficult few months ahead for the South African manufacturing industry, but we won't know precisely how difficult until the figures for July and August are released." - Staff writer..
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.