PMI inches up as output and demand regain some losses

  The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) recovered some lost ground in October, increasing to 50.7 index points from a revised 50 points in September. Despite the improvement, the index remained below the average reading of 52.7 noted during the third quarter of 2013. The modest increase was expected, says Abdul Davids, Head […]

PMI inches up as output and demand regain some losses Read More »