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Factory output continues to decline

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Factory output contracted 10.8% in August, according to StastsSA. This marks the fifteenth month of decline. The print stands in stark contrast to Absa's purchasing manager's index which jumped to a 21-year high in September. Business Day TV caught up with Absa senior economist Miyelani Maluleke to discuss the disconnect between the two data points.
12 Oct 2020 2AM English South Africa Business · Business News

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