Economy

News Leader

WATCH: Why the manufacturing recovery has lost steam

Absa economist Miyelani Maluleke talks to Business Day TV about the purchasing managers index data for November

02 December 2020 - 08:47 Business Day TV
Picture: 123RF/HAMIK
Picture: 123RF/HAMIK

The manufacturing sector’s recovery is losing steam. Absa’s purchasing managers index (PMI) for the sector came in at 52.6 index points for November, from the previous month’s high of 60.9.

Business Day TV spoke to Absa economist Miyelani Maluleke about the data.

Absa economist Miyelani Maluleke talks to Business Day TV about the purchasing managers index data for November

ECONOMIC WEEK AHEAD: SA’s fourth-quarter recovery in focus

Data on new-car sales and manufacturing activity is due together with private sector credit extension
Economy
1 month ago

Factory conditions signal waning recovery after post-lockdown surge

Despite expansion, the slowdown in the Absa PMI points to cooling activity
Economy
1 month ago

JSE faces upbeat Asian markets on Tuesday

Positive economic data out of China is helping support sentiment, with focus on Covid-19 and how the global economy is recovering
Markets
1 month ago

As robots, apps and algorithms change work, what does it mean for unions?

The responses by SA’s trade unions to the threats and opportunities posed by technological change are mixed, say academics, but there are some ...
Economy
1 month ago

SA postpones launch of automotive master plan to July 2021

The plan was to be launched in January but both the industry and the government are not ready due to Covid-19
Economy
1 month ago

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Most read

1.
Treasury considers a tax hike to pay for biggest ...
Economy
2.
Mercedes-Benz also cutting back on operations in ...
Economy
3.
Dennis Davis backs solidarity tax to help fund ...
Economy
4.
Ninety One says SA’s debt on the cusp of being ...
Economy
5.
WATCH: Sterilising economic growth?
Economy

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.