SA PMI edges above the key 50 level

South Africa’s Purchasing Managers’ Index (PMI) climbed above the neutral 50-point mark in September and signalled growth for the first time since March 2014. The 1.7 index point increase to 50.7 was mainly driven by a significant improvement in the business activity index, said Abdul Davids, Head of Research at Kagiso Asset Management that sponsors […]

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