South Africa's purchasing managers index (PMI) slipped to a new, all-time low of 35,6 on a seasonally adjusted basis in April and remains vulnerable to weak domestic demand, Investec said yesterday.
South Africa's purchasing managers index (PMI) slipped to a new, all-time low of 35,6 on a seasonally adjusted basis in April and remains vulnerable to weak domestic demand, Investec said yesterday.
The measure of manufacturing activity has been below the key 50,0 level for a year as the sector grapples with the economic slowdown and depressed domestic demand. - Reuters
PURCHASING INDEX DECLINES
South Africa's purchasing managers index (PMI) slipped to a new, all-time low of 35,6 on a seasonally adjusted basis in April and remains vulnerable to weak domestic demand, Investec said yesterday.
South Africa's purchasing managers index (PMI) slipped to a new, all-time low of 35,6 on a seasonally adjusted basis in April and remains vulnerable to weak domestic demand, Investec said yesterday.
The measure of manufacturing activity has been below the key 50,0 level for a year as the sector grapples with the economic slowdown and depressed domestic demand. - Reuters
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