01 December 2022 1 Min Read
NEWS LEADER
WATCH: Factory activity improves in November
Business Day TV speaks to Absa senior economist Miyelani Maluleke
in Economy
Manufacturing in the US looks to be running out of steam after factory output data for October came in lower than expected and the previous month's number was revised lower. Picture: BLOOMBERG
Loading ...
Momentum in the manufacturing sector is picking up. The Absa purchasing managers index (PMI) ticked up to 52.6 points in November as business activity and new sales orders improved for a second consecutive month after plunging during peak load-shedding in September. Business Day TV unpacked the print with Absa senior economist Miyelani Maluleke.
Loading ...
Or listen to full audio