Picture: 123RF/EVERYTHING POSSIBLE
Picture: 123RF/EVERYTHING POSSIBLE

The manufacturing sector’s recovery is slowing.

Absa’s purchasing managers index (PMI) inched lower to 51.2 index points in July, from 53.9 in June.

The data also suggests that the industry may shed more jobs. Business Day TV spoke to Absa senior economist Miyelani Maluleke about the data.

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