Private-sector activity improves for first time in three months
The turnaround of SA's private-sector health was largely due to a renewed increase in new business volumes
05 December 2022 - 14:17
Private-sector activity increased for the first time in three months reflecting a slight recovery in demand, which led to an increase in new business volumes, a survey said on Monday.
The S&P Global SA purchasing managers’ index (PMI), a composite gauge designed to give a single figure snapshot of operating conditions in the private-sector economy, increased to 50.6 in November from 49.5 in October following a two-month contraction...
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