ANC welcomes manufacturing production and sales data
11 September 2023
The ANC welcomes the latest Manufacturing Production and Sales Data for July 2023. The volume of manufacturing production increased by +2.3% in July 2023 compared to July 2022.
The most significant contributions were made by chemical products, rubber and plastic products (+6.8% and contributing +1.4 percentage points to overall growth); Motor vehicles, parts and accessories and other transport equipment (+9.5% and +1.0 percentage points to overall growth).
Seasonally adjusted manufacturing production increased by +0.9% in the three months ended July 2023 compared with the previous three months. Seven of the ten manufacturing divisions reported favourable growth rates over this period. The most significant contribution was made by the basic iron and steel, non-ferrous metal products, metal products and machinery division (+2.7% and +0.6 a percentage point to overall growth).
Manufacturing Sales