As SA comes to grips with news of the recession, data from the third quarter will provide some insight into the direction in which the economy is headed. In the first host of data from the third quarter, SA will learn whether production in crucial sectors such as mining, manufacturing and retail has continued to wane. Forward-looking data such as the Standard Bank purchasing managers’ index (PMI) and the Absa PMI have pointed to a weak third quarter. On Monday the agribusiness confidence index will show the investment sentiments of agribusiness on the back of the land policy discussion. The sector dragged down economic growth in the first and second quarters.

On Tuesday Stats SA will release the July manufacturing numbers. The July PMI survey suggested that manufacturing activity picked up slightly at the start of the third quarter, after detracting from growth in the second quarter of 2018. "We don’t expect manufacturing output to have responded as enthusiastically," said Fir...

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