The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down slightly to 57.4 index points in June from 57.8 in May. All five of the headline PMI’s major subcomponents were above the neutral 50-point mark in June, the banking institution said, noting that the average reading of both the headline PMI, as well as the business activity index, was higher during the second quarter than during the first quarter.
from Engineering News | Home https://ift.tt/3yb1r39
