Business Day TV speaks to Absa senior economist Miyelani Maluleke
01 December 2022 - 22:14
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Manufacturing in the US looks to be running out of steam after factory output data for October came in lower than expected and the previous month's number was revised lower. Picture: BLOOMBERG
Momentum in the manufacturing sector is picking up. The Absa purchasing managers index (PMI) ticked up to 52.6 points in November as business activity and new sales orders improved for a second consecutive month after plunging during peak load-shedding in September. Business Day TV unpacked the print with Absa senior economist Miyelani Maluleke.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Factory activity improves in November
Business Day TV speaks to Absa senior economist Miyelani Maluleke
Momentum in the manufacturing sector is picking up. The Absa purchasing managers index (PMI) ticked up to 52.6 points in November as business activity and new sales orders improved for a second consecutive month after plunging during peak load-shedding in September. Business Day TV unpacked the print with Absa senior economist Miyelani Maluleke.
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