JOHANNESBURG (Reuters) – South Africa‘s seasonally adjusted Purchasing Managers‘ Index (PMI) was at 49.1, below the key 50 mark that distinguishes contraction from expansion for the fifth straight month in January.
The employment component of the index fell to its lowest since the middle of 2011, signaling bleak prospects for job creation in manufacturing, a sector that contributes about 15 percent of GDP to Africa’s biggest economy.
Economy News Headlines – Yahoo! News
Title Post: S.Africa’s PMI at 49.1 in January
Url Post: http://www.news.fluser.com/s-africas-pmi-at-49-1-in-january/
Link To Post : S.Africa’s PMI at 49.1 in January
Rating:
100%
based on 99998 ratings.
5 user reviews.
Author:
Thanks for visiting the blog, If any criticism and suggestions please leave a comment
S.Africa’s PMI at 49.1 in January
This article
S.Africa’s PMI at 49.1 in January
can be opened in url
http://cle-and-cle.blogspot.com/2013/02/safricas-pmi-at-491-in-january.html
S.Africa’s PMI at 49.1 in January
