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
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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