
Watch: Why factory activity lost some momentum in September
Lungelo Mpangase
8 min
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Activity in the manufacturing industry eased in September with the Absa PMI reading coming in at 56.8 index points which is down from 57.9 index points in August. The index however is still above the key 50-point mark that separates expansion from contraction. Business Day TV discussed some of the factors weighing on the manufacturing sector with Absa senior economist Miyelani Maluleke.
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Watch: Why factory activity lost some momentum in September
Lungelo Mpangase