Listen! Absa PMI declines as factory conditions worsen in September

The manufacturing sector ended the third quarter on a weak note. In September, the Absa PMI sunk deeper into contraction territory, falling by over 4 index points to 45.4 as weak demand weighed on output, hitting the export index hard during the period. Business Day TV spoke to Sello Sekele, economist at Absa CIB fr more insight.