Manufacturing shows early recovery as Absa PMI Jumps to 48.7
Absa says the manufacturing sector got off to a better start in January, with the PMI showing signs of recovery driven by stronger local demand. The manufacturing sector showed signs of recovery in January following a very bleak year-end. The Absa Purchasing Managers’ Index (PMI) for January 2026 rose 8.2 notches to 48.7 index points,…
