ECONOMY
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by a further 1.6 points to 52.5 in February, following a 4.2-point rise in January – lifting the PMI to its highest level since June 2016. “This corresponds with the improvements observed in a number of South Africa’s key trading partner countries of late, most notably China and Europe,” BNP Paribas Securities South Africa economist Jeffrey Schultz said on Wednesday.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access