April PMI rises above Q1 average and exceeds 50-point mark

The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) erased the losses sustained in March and edged back above the neutral 50-point mark in April. The index rose by 4 points to reach 50.9 index points in April. This is relatively in line with the level recorded in February and above the average recorded during the first […]