SA’s manufacturing sector is showing signs of strain. The Absa purchasing managers index lost further ground in October, declining to 53.6 from 54.7 previously, as the effect of load-shedding and the three-week strike in the steel and engineering sector weighed.
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WATCH: Metals industry strike and load-shedding weigh on PMIBusiness Day TV spoke to Absa senior economist Miyelani Maluleke about the purchasing managers index data
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