Manufacturing conditions improve in September
But the better figure ‘could still be entirely consistent with the level of output remaining well below that recorded prior to the lockdown’
01 October 2020 - 11:11
Manufacturing conditions steadily recovered in September as a shift to level 1 lockdown in the middle of the month likely drove improvements in the sector.
The Absa Purchasing Managers’ Index (PMI) — released in conjunction with Stellenbosch University’s Bureau for Economic Research — rose to a 21 year high, reaching 58.3 index points. ..
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