Investing.com - Manufacturing activity in South Africa rose unexpectedly in the last quarter, official data showed on Thursday.
In a report, Statistics South Africa Head Office said that South African Manufacturing PMI rose to a seasonally adjusted 50.5, from 49.3 in the preceding quarter.
Analysts had expected South African Manufacturing PMI to fall to 48.8 in the last quarter.
In a report, Statistics South Africa Head Office said that South African Manufacturing PMI rose to a seasonally adjusted 50.5, from 49.3 in the preceding quarter.
Analysts had expected South African Manufacturing PMI to fall to 48.8 in the last quarter.