Absa PMI slides into contraction in August
The seasonally adjusted Absa manufacturing sector PMI fell to 45.7 index points
02 September 2019 - 13:30
Manufacturing activity fell by more than expected in August, returning to contractionary territory as economic activity remains constrained.
The seasonally adjusted Absa manufacturing sector purchasing managers' index (PMI) declined to 45.7 index points in August after jumping to a more than three-year high of 52.1 in July...
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