Factory production improves for third month running
Sector battled power and water cuts, floods, Transnet woes and production cost pressures
06 January 2023 - 12:50
The manufacturing sector proved resilient in December, growing for a third month running despite sustained and intense power cuts, an industry survey found.
The Bureau for Economic Research (BER) in Stellenbosch released its Absa purchasing managers’ index (PMI) on Friday, which showed improvement in manufacturing activity, with the index rising to 53.1 points in December from 52.6 in November...
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