Manufacturing production slows in February

South African manufacturing output has eased. Production rose by tepid 0.2% year on year in February, following the previous month’s 2% lift. The performance was largely due to by contractions in the motor vehicles, parts and accessories category and the petroleum, chemical products, rubber and plastic products grouping. Business Day TV discussed what the print suggests for the local economy going forward with Investec’s Chief Economist, Annabel Bishop.