ABSA PMI rises by 8.2 points in Jan but remains below the neutral mark
[Engineering News - South Africa] - 2/02/2026
The seasonally adjusted Absa Purchasing Managers' Index (PMI) rose by 8.2 points to 48.7 in January, marking a significant recovery from December’s slump, says financial services firm Absa. Although still below the neutral 50-point mark, the size of the improvement is notable, it says.
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