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04
Jul
2017
South African economy ‘too weak’ to support manufacturing sector – SeifsaBy:Contributing Editor Online MANUFACTURING The decline in the Absa Purchasing Managers’ Index (PMI) for June is confirmation that the fundamentals of the South African economy are too weak to support the manufacturing sector, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. The PMI dropped to 46.7 index points in June, down from 51.5 in May.
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