S&P PMI rises as supply chains improve and outages ease
SA’s purchasing managers’ index rose 0.8 points to 48.7 in June
05 July 2023 - 10:12
UPDATED 05 July 2023 - 15:43
Improvements in supply chains and less severe load-shedding in June lifted the latest score of the S&P Global Purchasing Managers’ Index (PMI) for SA.
“SA’s private sector saw some relief in June as the intensity of load-shedding was much weaker than anticipated after Eskom’s forecasts of a ‘winter of discontent’,” S&P Global Market Intelligence senior economist David Owen said...
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.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.