Rising costs of fuel, utilities and labour present challenges, PMI shows
The economy remained firmly positive in July as businesses recorded growth in client demand, signalling a solid improvement in the health of the private sector.
The S&P Global SA purchasing managers index released on Wednesday rose to a 14-month high in July, edging up to 52.7 from 52.5 the previous month. This is the strongest private sector growth since May 2021. ..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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