SA business activity grew in January as Covid-19 cases receded — PMI

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

South African private sector activity rose slightly in January as the Omicron wave of Covid-19 cases receded, lifting demand and stabilising new business, a survey showed on Thursday.

IHS Markit's Purchasing Managers' Index rose to 50.9 in January from 48.4 in December, slightly back above the 50 neutral mark into expansionary territory.

Still, supply chain challenges remained acute, with a number of businesses struggling to stock the inputs they need while facing sharp inflationary pressures for materials and transport.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines