October sees 5 major PMI subcomponents increase

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) continued its upward trend in October 2017, rising by 2.9 points to reach 47.8. This was the third consecutive increase and brought the index to its best level since May 2017. Nonetheless, the PMI remained stuck below the neutral 50-point mark.

October sees 5 major PMI subcomponents increase Read More »