
SA factory activity at 14-month low in September
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Absa's September PMI remains in contraction territory at 43.2 from 43.4, this as new sales orders along with the employment index edged even lower than the previous month dashing hopes of a strong economic recovery out of the thechincal recession in the third quarter. Miyelani Maluleke, Economist at Absa joined Business Day TV to discuss what the latest PMI figure suggests about the country's economic trajectory.





