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Maroc Maroc - IT-ONLINE.CO.ZA - A La Une - 08/Jan 09:54

December sees manufacturing decline, but optimism for the future

The seasonally adjusted Absa PMI declined by 1.9 points to 46.2 in December, remaining in contractionary territory. This places the 2024 Q4 average PMI at 49 points, only slightly below 2024 Q3 (49.8 points) but above Q1 (47.8) and Q2 (48.1). While the manufacturing sector experienced a volatile year, December’s second consecutive monthly decline reversed […]

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