Power cuts affect March business activity negatively, says PMI report

  • 📰 News24
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Power cuts affect March business activity negatively, says PMI report | Fin24

Business activity in the private sector deteriorated in March, as businesses were affected by load shedding, according to the latest IHS Markit South Africa PMI.

In February business activity briefly stabilised but this was undone in March when output levels fell at their quickest pace in four months, the report read. "New orders dropped at a sharper rate at the end of the first quarter. Demand was curtailed by load shedding and poor economic conditions, according to panelists," the report read.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Fin24

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 4. in İT

Italia Ultime Notizie, Italia Notizie