03 November 2021 1 Min Read

NEWS LEADER

WATCH: Metals industry strike and load-shedding weigh on PMI

Business Day TV spoke to Absa senior economist Miyelani Maluleke about the purchasing managers index data

in Companies by Business Day TV
Infrastructure spending will offer a boost to industry Picture: REUTERS
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SA’s manufacturing sector is showing signs of strain.

The Absa purchasing managers index (PMI) lost further ground in October, declining to 53.6 from 54.7 previously, as the effect of load-shedding and the three-week strike in the steel and engineering sector weighed.

Alishia Seckam spoke to Absa senior economist Miyelani Maluleke about the data.

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