- Statistics South Africa documents the socioeconomic realities of the country.
- Research examines economic conditions in South Africa.
South Africa Manufacturing Index Stays Below 50 Amid Logistics Issues
What happened
According to a survey compiled by Stellenbosch University, South Africa’s factory index was 49.6 in October, an increase from 48.7 in September. Since a score below 50 indicates shrinking manufacturing, the sector remains in contraction. While business activity and new sales orders improved, the input price index rose sharply to 73.7 from 71.1.
From riotimesonline.com
Why it matters
The index remaining below 50 points to weak demand in South Africa’s industrial economy. This trend, coupled with logistics problems at the Port of Durban, weighs on the country's recovery efforts and increases cost pressures.
Research is currently examining economic conditions in South Africa, with Statistics South Africa documenting the country's socioeconomic realities.
From riotimesonline.com
Who's involved
- South AfricaThe country whose manufacturing sector is being analyzed.
- Stellenbosch UniversityCompiled the economic figures using the Bureau for Economic Research.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Standard BankSpeculative
Weak demand in South Africa and rising input costs could increase credit risk and operational costs.
- ShopriteSpeculative
Weak demand in South Africa might impact retail sales.
- Tiger BrandsSpeculative
Weak demand in South Africa could impact consumer goods sales.
Keep exploring
Part of
Research examines economic conditions in South Africa.Also in this story
- A financial daily reports on the decline in national manufacturing production in South Africa.
- Dan Corder's book analyzes the vulnerability of South Africa.
- Stokvels, a type of informal savings group, are identified as a major component of South Africa's informal economy.
- Financial Mail published a piece reflecting local economic realities in South Africa.
Within Statistics South Africa documents the socioeconomic realities of the country.
The entities involved
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South Africa
country in southern Africa
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Port of Durban
Port in South Africa
Nothing else this week.
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Stellenbosch University
public research university in Stellenbosch, Western Cape, South Africa