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South Africa Private Sector Contracts Amid Port Crisis

Por: RTTNews Business January 04, 2024

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South Africa's private sector activity deteriorated in December as firms signalled a greater impact from the port crisis in Durban on supply chains, inventories, output, and demand, survey results from S&P Global showed Thursday.The Purchasing Managers' Index fell to 49.0 in December from 50.0 in November. Any score above 50.0 indicates expansion.The latest renewed downturn was led by sharper falls in output, new , and stocks of... + full article



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