Published On Jul 1, 2024
The manufacturing sector has recorded another improvement in June.
According to the Absa Purchasing Managers' Index (PMI), headline PMI rose from 43-point-8 points to 45.7 points in June.
However, this is the second consecutive month that PMI remained below the 50-point mark.
Below 50 is indicative of the sector being in contraction, while above 50, points to an expansion.
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