South African manufacturing output up 1.0% y/y in October

JOHANNESBURG (Reuters) - South Africa's manufacturing output rose 1.0% year on year in October after rising by 2.9% in September, statistics agency data showed on Thursday.

Factory production fell 6.3% month on month in October. Analysts had predicted a 4.5% rise in annual terms in October and for output to drop 1.1% month on month.

(Reporting by Bhargav Acharya; Editing by Alexander Winning)