Sentiment in SA’s manufacturing sector improved in the first three months of 2022, snapping a two-quarter losing streak, but the latest reading doesn’t fully factor in the war in Ukraine, according to an industry survey published on Tuesday.
Overall confidence measured by Absa’s Manufacturing Survey rose five points to 43 for the first three months of 2022, primarily driven by strong domestic and export sales, the bank said...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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