WATCH: Factory activity slows further due to load-shedding
Business Day TV spoke to Miyelani Maluleke, senior economist at Absa
03 April 2023 - 17:08
byBusiness Day TV
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.
Workers sew garments at a factory in the Maitland district of Cape Town. File photo: DWAYNE SENIOR/BLOOMBERG
After a strong start to the year, the Absa PMI has fallen for a second consecutive month, with March’s reading coming in at 48.1 index points, down from 48.8 index points in February.
On the bright side, the index tracking expected business conditions in the next six months suggests that output could improve.
Miyelani Maluleke,senior economist at Absa spoke to Business Day TV about the details .
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.
NEWS LEADER
WATCH: Factory activity slows further due to load-shedding
Business Day TV spoke to Miyelani Maluleke, senior economist at Absa
After a strong start to the year, the Absa PMI has fallen for a second consecutive month, with March’s reading coming in at 48.1 index points, down from 48.8 index points in February.
On the bright side, the index tracking expected business conditions in the next six months suggests that output could improve.
Miyelani Maluleke,senior economist at Absa spoke to Business Day TV about the details .
Or listen to full audio
Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Related Articles
Absa PMI declines further in March as winter power outages loom
Formal employment rises in fourth quarter, but annual figure falls
Producer price inflation moderates for seventh consecutive month
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.