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PMI Falls Again: What’s Behind SA’s Manufacturing Slump?

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South Africa’s manufacturing sector slipped further in August, with the Absa PMI dropping to 45.8 — the fourth consecutive monthly decline and the lowest reading this year. Absa Economist Sello Sekele explains the drivers behind the contraction, the role of weak export sales, and what the latest data signals for industrial activity heading into Q4.
3 Sep 1PM English South Africa Business News · Investing

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