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ABSA PMI Falls Sharply to 50.7 in March vs 60 in Feb

SOUTH AFRICA
  • ABSA releases its purchasing manager Index falls to 50.7 from 60 in March; 58.6 in Feb.
    • Business activity declines to 39.6 compared to 60.5 in March
    • New orders falls to 43.6 from 61.7 in March
    • Inventories declines to 55.3 from 62.1 in March
    • Employment rises to 51.5 vs 48.5 in March
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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