South Africa: Absa Purchasing Managers’ Index Dips in December, Signalling a Tepid Recovery in Manufacturing

January 10, 2022 | News Source: AllAfrica News: Economy, Business and Finance
[Daily Maverick] The recovery in South Africa's manufacturing sector remains tepid, at best. The Absa Purchasing Managers' Index, one key barometer of the sector's health, declined in December. The only silver lining is that it remains in expansionary territory above the neutral 50 mark.

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