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SA’s factory production flat y/y in October

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JOHANNESBURG – South Africa’s production output was chiseled year-on-year in September, in keeping with expectations, after developing by 2.2% within August, Statistics Africa said on Thurs night.

On a month-on-month basis, manufacturing plant production was way up 1.5% but surrounded down 1.3% within the three months to November compared with the previous 11 weeks.

Economists polled by Reuters outlook a 0.1% year-on-year increase in manufacturing volumes.

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