Factory activity slips in November
Readings from the Absa PMI suggest that a strong recovery in production in the fourth quarter is unlikely
02 December 2019 - 12:27
Manufacturing activity declined in November, with signs suggesting there is little chance of a recovery in manufacturing production in the fourth quarter of 2019.
The Absa purchasing managers index (PMI) fell to 47.7 index points in November from 48.1 in October, according to a release from the bank on Monday. ..
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