Absa Purchasing Managers Index Pmi

PMI shows third consecutive increase

For the third consecutive month, the Absa Purchasing Managers’ Index (PMI) rose to reach 57.4 index points by the end of March, up from 53 in February. This increase is attributed to an improvement in all five measured indices. Business…

Matthew Field

June was a better month for new-car sales under relaxed lockdown conditions, but the motor industry remains battered and bruised. Image: Supplied

ABSA PURCHASING MANAGERS INDEX PMI

2 JUL 2020

New-car sales improve in June but are still way down on 2019

With the tourism sector still under lockdown restrictions, there was virtually no contribution by the car rental industry New-vehicle sales in SA in June were markedly up from the previous two months as the entire motor industry resumed…

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