PMI lifted by normal manufacturing levels, but index remains below 50

  The South African Purchasing Managers’ Index (PMI) rose by 3.1 index points to 49.0 in August 2014. “The improvement in the August PMI signalled a return to more normal manufacturing output levels following months of production disruptions owed to industrial action in the platinum mining and metal sectors,” commented Abdul Davids, Head of Research […]

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