Browsing: PMI

Operating conditions at South African private sector businesses improved for the first time in a year during May, mainly driven by a return to new order growth and renewed job creation. However, output continued to decline and companies

The latest Standard Bank South Africa Purchasing Managers’ Index paints a bleak picture of the South African economy, signalling the most marked deterioration in operating conditions in over one-and-a-half years. The Standard Bank survey produced by