Surge in power cuts undermines Absa PMI in September
The Absa PMI sank over 4 points in September as the level of rolling blackouts intensified, fuel prices spiked and demand sagged in EU and UK.
Source: dailymaverick.co.za
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The Absa PMI sank over 4 points in September as the level of rolling blackouts intensified, fuel prices spiked and demand sagged in EU and UK.
While the headline number of the Absa Purchasing Managers’ Index (PMI) shows only a slight dip, the sub-index for business activity tanked alarmingly.
The Absa Purchasing Manager's Index (PMI) for May paints a bleak picture.
The Absa Purchasing Manager's Index (PMI) for May paints a bleak picture.
Why is there an improvement in South Africa for August while global PMI numbers show a decline?