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South African mining production and sales spiked year on year in November but declined on a monthly basis. The bottom line is that the sector is still generating lots of money, which is good news for Treasury and the wider economy.
South African manufacturing production in November clawed back some of the ground it lost in October to the Numsa strike. The sector remains fragile and on an annual basis remained in decline. South African manufacturing production in November clawed back some of the ground it lost in October t...
South Africa’s economy contracted 1.5% in the third quarter (Q3) on a quarter-on-quarter basis, data on Tuesday showed. The July riots were a key reason, highlighting the risk of social unrest to South Africa’s economic outlook.
Consumers will continue forking out a bit more for goods as prices remained elevated at a 5-year high in September.
Data by Statistics South Africa (StatsSA) on Thursday showed that annual headline producer price inflation (PPI) for final manufactured goods jumped to 7.8 percent in September, from 7.2 percent in August.