Manufacturing sector recovery levelled off in December
Absa says the sector's recovery slowed after solid gains were recorded in the wake SA’s hard lockdown earlier in 2020
08 January 2021 - 12:19
SA manufacturing activity continued its recovery in December, though momentum slowed, with surge in Covid-19 and load-shedding posing a threat to the sector in early 2021, Absa said on Friday.
The Absa purchasing managers’ index (PMI) — released in conjunction with Stellenbosch University’s Bureau for Economic Research — fell to its lowest level since July in December 2020, though it remained in positive territory...
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