News Leader
WATCH: Why PMI has fallen to its lowest in a decade
Absa economist Miyelani Maluleke talks to Business Day TV about the purchasing managers index data
02 October 2019 - 07:37
The Absa purchasing managers index (PMI) registered its second consecutive large decline, falling to its lowest level in 10-years in September.
The drop was led by a sharp decline in new sales orders, purchasing inventories and business activity as worry about local and global growth weakens demand. ..
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