The ABSA/BER PMI has reversed its losses registered in August and re-asserted itself in expansionary territory. Released today, the index rose to 52.8 points in September - up 9.2 points on the previous month. Earlier I spoke to Andiswa Nondudule, an Economist at ABSA CIB about the PMI data. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
ABSA/BER PMI | SA factory activity recovers in September: Andiswa Nondudule
The ABSA/BER PMI has reversed its losses registered in August and re-asserted itself in expansionary territory. Released today, the index rose to 52.8 points in September - up 9.2 points on the previous month. Earlier I spoke to Andiswa Nondudule, an Economist at ABSA CIB about the PMI data. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.