Picture: 123RF/MOOV STOCK
Picture: 123RF/MOOV STOCK

Absa’s purchasing managers index (PMI) ticked up to 50.9 index points in January from 50.3 in December.

But while the print is still above the 50-point mark that separates expansion from contraction, there are concerns that the data indicates economic recovery will be slow.

Business Day TV spoke to Miyelani Maluleke, senior economist at Absa for more insight.

Absa senior economist Miyelani Maluleke talks to Business Day TV about the mood among factory owners

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