{"id":15028,"date":"2025-11-11T14:22:15","date_gmt":"2025-11-11T12:22:15","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-little-moved-by-unemployment-manufacturing-figures\/"},"modified":"2026-02-27T16:27:24","modified_gmt":"2026-02-27T14:27:24","slug":"rand-little-moved-by-unemployment-manufacturing-figures","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-little-moved-by-unemployment-manufacturing-figures\/","title":{"rendered":"Rand little moved by unemployment, manufacturing figures"},"content":{"rendered":"<p>At 12h16 CAT, the Rand traded at 17.1450 against the Dollar, near its previous closing level. The local currency staged a recovery on Monday, gaining about 1% after news that the United States Senate had passed a deal that would restore federal funding and end the longest shutdown.<\/p>\n<p>&nbsp;<\/p>\n<p>Statistics SA data earlier showed the official unemployment rate fell slightly in the third quarter of this year, to 31.9% from 33.2% in the second quarter.<\/p>\n<p>&nbsp;<\/p>\n<p>The statistics agency also published manufacturing output for September, which pointed to a 0.3% year-on-year increase, better than the 0.3% decline expected by <em>Reuters<\/em> analysts, but softer than Nedbank&#8217;s forecast of a 0.7% rise.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;While the sector continues to face structural and cost pressures, output is expected to receive some support from consumer-oriented manufacturing sectors, which are benefiting from firmer domestic demand and improved electricity supply and logistics performance,&#8221; Nedbank economists said in a research note.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":13100,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-15028","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The South African (SA) Rand was little changed on Tuesday, after the release of unemployment and manufacturing data, with traders' attention mainly on a national budget review on Wednesday.","published_date":null,"news_description":"The South African (SA) Rand was little changed on Tuesday, after the release of unemployment and manufacturing data, with traders' attention mainly on a national budget review on Wednesday.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15028\/revisions"}],"predecessor-version":[{"id":19441,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15028\/revisions\/19441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13100"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=15028"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=15028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}