South African manufacturing rebounds as Greek industrial output contracts

  • South African manufacturing production rose 1.1% year-on-year in July 2026.
  • Greece's industrial output fell 1.2%, while Malta and Slovenia recorded annual gains.
  • South African manufacturing production grew 2.2% monthly after a 0.8% increase.

South African manufacturing production rose 1.1% year-on-year in July 2026, ending three consecutive monthly declines and outperforming expectations for a 1.6% contraction. Food and beverages output increased 4.1%, while petroleum, chemical products, rubber and plastics production rose 3.2%. Seasonally adjusted monthly manufacturing output advanced 2.2%, its fastest pace since May 2025, and production was 1.0% higher in the three months through July than in the preceding three months. Elsewhere, Greece's industrial output fell 1.2% annually as utility supply and mining declined, while manufacturing production increased in the Netherlands, Slovenia and Malta.

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