Page 22 - பணியகம் க்கு பொருளாதார ஆராய்ச்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Getty Images Manufacturing production declined 3.5% year-on-year in November. The decline can be attributed to the drop in export demand, as many of SA s trading partners have extended lockdowns. The momentum of the recovery in the industry started slowing in the fourth quarter. Manufacturing production decreased by 3.5% in November, on a year-on-year basis - this was expected, as export demand declined during the last quarter of 2020. Statistics South Africa on Tuesday released November s manufacturing data. Investec priced in a tamer decline of -2.2% compared to the -3.5% which was registered. Among the biggest contributors to the year-on-year decline were petroleum, chemical products and rubber and plastic products – down 9.6%. These were followed by food and beverages production, which declined by 2.9%, and basic iron and steel, metal products and machinery, which declined 3.9%.

South africaUnited kingdomKamilla kaplanHugo pienaarBureau for economic researchAbsa purchasing managerEconomic researchஒன்றுபட்டது கிஂக்டம்கமிலா கபிலன்பணியகம் க்கு பொருளாதார ஆராய்ச்சிபொருளாதார ஆராய்ச்சி