WATCH: Why factory activity lost momentum in September
Business Day TV spoke to Absa senior economist Miyelani Maluleke about the recent PMI data
04 October 2021 - 07:34
byBusiness Day TV
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Activity in the manufacturing industry eased in September with the Absa purchasing managers index (PMI) reading coming in at 56.8 index points, which is down from 57.9 index points in August.
The index, however, is still above the key 50-point mark that separates expansion from contraction.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Why factory activity lost momentum in September
Business Day TV spoke to Absa senior economist Miyelani Maluleke about the recent PMI data
Activity in the manufacturing industry eased in September with the Absa purchasing managers index (PMI) reading coming in at 56.8 index points, which is down from 57.9 index points in August.
The index, however, is still above the key 50-point mark that separates expansion from contraction.
Business Day TV spoke to Absa senior economist Miyelani Maluleke about some of the factors weighing on the manufacturing sector.
Manufacturing production drops in September
July manufacturing hit worse than expected
Manufacturing activity rebounds in August after huge drop
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