Private sector shows solid improvement in July
Rising costs of fuel, utilities and labour present challenges, PMI shows
04 August 2022 - 12:26
The economy remained firmly positive in July as businesses recorded growth in client demand, signalling a solid improvement in the health of the private sector.
The S&P Global SA purchasing managers index (PMI) released on Wednesday rose to a 14-month high in July, edging up to 52.7 from 52.5 the previous month. This is the strongest private sector growth since May 2021. ..
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