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S. Africa 2022 Manufacturing Dropped

Workers work on machines at a clothing factory at an industrial town of Newcastle, 260 km southeast of Johannesburg. Taken May 8, 2013.

South Africa's manufacturing output fell 4.7% year on year in December after falling by a revised 1.8% in November, statistics agency data showed on Thursday.

Despite the year-on-year drop, factory production rose 0.1% month on month in December.

Analysts had predicted a 2.5% drop in annual terms and a 0.5% month-on-month decline.

South African manufacturing, like other sectors, has been hit by the nation's continuing power blackouts caused by weakness in electricity production, especially by state-owned enterprise Eskom.

The drop in manufacturing also reflects economic slowing in the world's consuming nations.