New data Manufacturing Production YoY (May)
7/11/2024
actual -0.6, previous 5.3
The event is the Manufacturing Production Year-over-Year (YoY) for May in South Africa (ZA). The actual value reported is -0.6%, which indicates a decrease of 0.6% in manufacturing production compared to the same period last year. This represents a significant decline from the previous value of 5.3%. The impact of this event is considered low, and it is reported in the local currency, ZAR (South African Rand). The percentage change from the previous value is -111.321%, highlighting a substantial decrease in manufacturing production.This is not investment advice. Remember to verify the information provided here.
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