WATCH: Factory activity falls to lowest level in a year
Business Day TV speaks to Miyelani Maluleke, senior economist at Absa
01 August 2022 - 21:40
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Manufacturing activity fell sharply in July. Absa’s purchasing managers’ index (PMI) declined to 47.6 points, a level last seen in July 2021 when looting and unrest in KwaZulu-Natal and Gauteng hurt output. Business Day TV unpacked the print with Miyelani Maluleke, senior economist at Absa.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Factory activity falls to lowest level in a year
Business Day TV speaks to Miyelani Maluleke, senior economist at Absa
Manufacturing activity fell sharply in July. Absa’s purchasing managers’ index (PMI) declined to 47.6 points, a level last seen in July 2021 when looting and unrest in KwaZulu-Natal and Gauteng hurt output. Business Day TV unpacked the print with Miyelani Maluleke, senior economist at Absa.
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