Absa Purchasing Managers’ Index (PMI) February 2024
Following a very poor start to the year, the Absa Purchasing Managers’ Index (PMI) improved in February. The headline PMI rose from 43.6 to 51.7 points. While this is a welcome increase, it does need to be qualified by saying that business activity remains more subdued. Indeed, of the five subcomponents of the PMI only suppliers’ performance is […]
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