Wednesday 14 November 2018
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ebusinessweekly - 9 days ago

South African private-sector activity shrinks at fastest rate in 4 years in Oct – PMI

 JOHANNESBURG South African private sector activity shrank at the fastest rate in over four years in October as sharp declines in output, new orders and export demand saw firms cut back purchasing amid a recession, a survey showed on Monday. The Standard Bank Purchasing Managers’ Index (PMI), compiled by IHS Markit, fell to 46.9 [ ]

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