Publication Date: 2020-07-03
A survey has shown South African private sector activity shrunk much less quickly in June. Markit’s Purchasing Managers’ Index rose to 42.5 in June from 32.5 in May, the latter being its lowest level since the survey began in 2011. This comes after a record pace of contraction the month before, as the easing of a nationwide lockdown to contain the coronavirus boosted orders and activity. Learn more about your ad choices. Visit megaphone.fm/adchoices
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