South African ABSA Manufacturing PMI (Mar) 49 (Prev. 47.4)

The South African ABSA Manufacturing PMI for March has printed at 49, up from a previous reading of 47.4.

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South African ABSA Manufacturing PMI (Mar) 49 (Prev. 47.4)

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This uptick, while still below the neutral level of 50, suggests a slowing contraction in manufacturing activity, which could influence market sentiment and expectations regarding economic recovery in South Africa.

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