South Africa's manufacturing production fell by 5.9% in December 2019 compared with December 2018, Stats SA announced on Tuesday. This was the seventh consecutive month of decline, and the biggest year-on-year fall since July 2014, when production slumped by -7% according to Stats SA data. The biggest decline was in the motor vehicles, parts and accessories and other transport equipment sector, where annual output fell by -24,9%. The contraction was broadly above the estimates of economists. Ahead of the announcement on Tuesday, NKC African Economics projected that local manufacturing production would contract by ... (full story)