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Picture: SUPPLIED
Picture: SUPPLIED

Factory activity picked up in November, with the Absa purchasing managers index (PMI) rising to 57.2 points from a revised 53.6 points in October.

The increase was largely due to a rebound in business activity and new sales orders. But rising input costs, supply chain bottlenecks, weak economic growth and load-shedding put this positive momentum at risk.

Alishia Seckam spoke to Absa senior economist Miyelani Maluleke for more detail.

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