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South African factory activity contracts in September- Absa PMI.

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South African manufacturing activity contracted in September as extensive power cuts weighed on production and new sales orders declined, a survey showed on Monday.
The seasonally-adjusted Absa Purchasing Managers' Index (PMI) was at 48.2 points in September from 52.1 points in August, falling below the 50-point mark that separates expansion from contraction.
3 Oct 2022 8AM English South Africa Business News · Investing

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