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South Africa ABSA PMI Rises In April

Por: RTTNews Business May 02, 2023

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South Africa's manufacturing decline slowed in April, survey data from the Bureau for Economic Research showed Tuesday.The Absa PMI rose to 49.8 from 48.1 in March, the BER said. A reading above 50 suggests growth in the sector.The index had declined both in February and March. A reading below 50 suggests contraction in the sector. Among the major sub-components, the activity and new sales orders were lower in April, the survey showed.... + full article



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