Operating conditions also deteriorated for the first time in 2022, with concerns about the high cost of living continuing to drive a sharp rise in salaries
Private-sector activity in September fell to its lowest reading since December 2021 as a result of worsening Eskom blackouts and the rising cost of living, which hindered business activity and customer demand.
The S&P Global SA PMI released on Wednesday shows that private sector activity fell below the 50 neutral mark to 49.2 in September from 51.7 in the prior month...
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