Manufacturing Recovery Gains Ground – September PMI rises to 52.2
Description
Stephen Grootes speaks to Andiswa Nondudule, Economist at Absa CIB, about the Absa Purchasing Managers’ Index (PMI), which climbed 2.7 points to 52.2 in September, signalling a return to expansion. Encouragingly, the Q3 average rose to 50.8, a marked improvement from the first half of the year. But Absa warns that the recovery remains uneven, with weak export demand and US trade tariffs still weighing on the sector.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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