6 March 2013

PMI increase suggests improving manufacturing conditions

The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) posted a robust increase in February, moving above the key 50 point mark for the first time since August 2012.  Registering its second consecutive increase, the index rose 4.5 points to 53.6. A continuation of the upward trend in March will bode well for actual manufacturing production […]

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