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South Africa’s Factory Mood Deteriorates On Weaker Demand, Output
02 October 2023 – A gauge measuring manufacturing sentiment in South Africa fell to the lowest level in more than two years because of weaker demand and constrained production. Absa’s purchasing managers’ index, compiled by the Bureau for Economic Research, fell to 45.5 in September from 49.7 in the previous month, the Johannesburg-based lender said […]
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