PMI suggests improving but tough environment
After declining to 49.3 in March, the seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) increased by 1.2 points to 50.5 in April. “The PMI for April show marginal improvements amid challenging conditions and the outlook for the sector is relatively more positive,” says Abdul Davids, Head of Research at Kagiso Asset Management. The improvement is […]
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