南非3年期国债 (SouthAfrica3Y) 加自选

2025年9月，南非制造业产出同比增长0.3%，从上月1.5%的下降中恢复过来，好于分析师预测的0.3%的下降。这标志着工业增长的第一个月，尽管在连续两个月下降之后，增长非常温和。机动车辆、零部件和配件以及其他运输设备（+7.6%，增加0.5分）和食品饮料部门（+1.8%，增加0.5%）是最大的积极贡献者。电机下降（-7.3%）；木材和木制品、纸张、出版印刷（-5.3%）和基础钢铁、有色金属 产品、金属制品和机械（-1.2%）部分抵消了整体增长。经季节性调整的月度数据显示，工厂产出在上个月上调0.7%后，下降了0.5%。与2025年第二季度相比，2025年第三季度的制造业产量增长了0.1%。

Manufacturing output in South Africa rose by 0.3% year-on-year in September 2025, recovering from a 1.5% decrease in the prior month and better than analysts' estimates of 0.3% fall. This marked the first month of industrial growth, albeit very mild, following two consecutive months of decline. The motor vehicles, parts and accessories, and other transport equipment (+7.6%, adding 0.5 points) and the food and beverages divisions (+1.8%, adding 0.5 points) were the biggest positive contributors. Declines in electrical machinery (-7.3%); wood and wood products, paper, publishing and printing (-5.3%) and basic iron and steel, non-ferrous metal products, metal products and machinery (-1.2%) partly offset the overall increase. On a seasonally adjusted monthly basis, factory output shrank by 0.5%, after an upwardly revised 0.7% increase in the previous month. Manufacturing production rose by 0.1% in the third quarter of 2025 compared with the second quarter of 2025.

南非的失业率在2025年第三季度降至31.9%，为2024年第四季度以来的最低水平，而第二季度为33.2%，标志着今年首次下降。失业人数减少36万，至810万人，劳动力减少11.2万，至2510万人，就业人数增加24.8万，至1710万人。扩大的失业率，包括气馁的工人，从第二季度的43%降至42.4%。十个行业中有六个行业实现了就业增长，主要是建筑业（+13万至139万）、社区业（+11.6万至398.8万）和贸易业（+10.8万至342.4万），而损失主要集中在制造业（-6.2万至161万）和金融业（-5.4万至293万）。九个省中有七个省的失业率下降，其中林波波省（下降5.2个百分点至29.8%）、自由州（下降2.3个百分点至36.2%）和西北部（下降2个百分点至38.1%）的失业率降幅最大。衡量15至24岁求职者的青年失业率在第三季度降至58.5%的两年低点。

South Africa's unemployment rate eased to 31.9% in Q3 2025, the lowest level since Q4 2024, compared to 33.2% in Q2, marking the first decline this year. The number of unemployed fell by 360,000 to 8.1 million, the labor force dropped by 112,000 to 25.1 million, and employed individuals rose by 248,000 to 17.1 million. The expanded unemployment rate, including discouraged workers, fell to 42.4% from 43% in Q2. Six of ten industries recorded job gains, led by construction (+130,000 to 1.39 million), community (+116,000 to 3.988 million), and trade (+108,000 to 3.424 million), while losses were concentrated in manufacturing (-62,000 to 1.61 million) and finance (-54,000 to 2.93 million). Unemployment declined in seven of nine provinces, with the largest drops in Limpopo (-5.2 points to 29.8%), Free State (-2.3 points to 36.2%), and North West (-2 points to 38.1%). The youth unemployment rate, measuring job-seekers between 15 and 24 years old, fell to a two-year low of 58.5% in Q3.

南非第3季度失业率（%）从之前的33.2%降至31.9%。南非第3季度失业率（%）从之前的33.2%降至31.9%

South Africa Unemployment Rate (%) declined to 31.9% in 3Q from previous 33.2%.South Africa Unemployment Rate (%) declined to 31.9% in 3Q from previous 33.2%

南非第三季度失业总人数从之前的836.7万降至800.7万。南非第三季度失业总人数从之前的836.7万降至800.7万

South Africa Unemployment Total dipped from previous 8.367M to 8.007M in 3Q.South Africa Unemployment Total dipped from previous 8.367M to 8.007M in 3Q