July PMI reaches 51.5 − manufacturing “off to a good start” in Q3
The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) rose to 51.5 index points in July, up from 47.9 in June. The current level is comfortably above the neutral 50-point mark and is supported by four out of five key sub-components being in positive terrain. “This suggests that the manufacturing sector got off to a good start […]
July PMI reaches 51.5 − manufacturing “off to a good start” in Q3 Read More »
