South African manufacturing output down 4.7% y/y in December

JOHANNESBURG (Reuters) - 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.

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.

(Reporting by Anait Miridzhanian; Editing by Nqobile Dludla)