South African Manufacturing Production MoM (Nov) M/M -1.1% vs. Exp. -1.2% (Prev. 1.0%, Rev. 1%)

South African Manufacturing Production MoM (Nov) M/M -1.1% vs. Exp. -1.2% (Prev. 1.0%, Rev. 1%)

The South African manufacturing production for November shows a slight decline of 1.1%, slightly better than the expected drop of 1.2%. While this print indicates a contraction, it confirms the weakening trend in the sector, which could influence broader economic outlooks, particularly regarding growth and inflation dynamics in South Africa.