Recent floods in KwaZulu-Natal and Russia-Ukraine war thought to have slowed activity in the manufacturing sector
The state of manufacturing will come under the spotlight this week, with the effect of the recent floods in KwaZulu-Natal and war between Russia and Ukraine likely to have tempered momentum in the Absa purchasing managers’ index in April.
The PMI is based on a survey from respondents in the manufacturing sector conducted by the Bureau for Economic Research, which covers activity such as new sales orders, business activity and employment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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