Meshack Mokobane’s Post

RE: Power Grid Stability Drives Unexpected Manufacturing Growth in South Africa for July. The stability of South Africa's power grid over the past 150 days has had a significant impact on manufacturing output. With less frequent power interruptions, factories can operate more efficiently, leading to increased productivity and better utilization of capacity. This stability could explain why July's manufacturing growth outpaced expectations at 2.1% month-on-month, as continuous energy supply is critical for sectors that rely heavily on machinery and equipment. The correlation between power stability and industrial performance is often strong. •       SOUTH AFRICA JULY MANUFACTURING RISES 1.7% Y/Y; EST. +0.9% •       SOUTH AFRICA JULY MANUFACTURING RISES 2.1% M/M; EST. +1.2%

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics