South African manufacturing sentiment improved for a second month in October, but issues like weak domestic demand and logistics bottlenecks meant the improvement was only marginal, a purchasing managers’ index (PMI) survey showed on Monday. The seasonally adjusted PMI sponsored by South African bank Absa rose to 49.6 points in October from a revised 48.7…
South African factory sentiment improves for second month in October, PMI shows
South African manufacturing sentiment improved for a second month in October, but issues like weak domestic demand and logistics bottlenecks meant the improvement was only marginal, a purchasing managers’ index (PMI) survey showed on Monday. The seasonally adjusted PMI sponsored by South African bank Absa rose to 49.6 points in October from a revised 48.7… Source
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