BUSINESS conditions in the private sector improved to a six-month high last month as new orders and employment levels stabilised while output declined at a slower pace.
The Markit/Standard Bank SA purchasing managers index (PMI) rose from 47.5 in October to 49.6 last month. About 400 private-sector executives at companies across various sectors were surveyed on current business conditions including new orders, employment and input prices.
The Markit/Standard Bank SA purchasing managers index (PMI) rose from 47.5 in October to 49.6 last month. About 400 private-sector executives at companies across various sectors were surveyed on current business conditions including new orders, employment and input prices.
