WATCH: Will the manufacturing sector shed more jobs?
Absa senior economist Miyelani Maluleke talks to Business Day TV about the latest manufacturing data
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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