Manufacturing activity declines as demand falls

South African manufacturing activity remains in contractionary territory. The seasonally adjusted Absa PMI declined by 1.9 points to 46.2 in December.
This places the 2024 Q4 average PMI at 49 points only slightly below 2024 third quarter.
Absa says while the manufacturing sector experienced a volatile year, December's second consecutive monthly decline reversed the upward momentum seen in September and October.
For more on the latest PMI data I'm joined by Andiswa Nondudule from ABSA CIB.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

[@rinky17888]

It is long gone.The little bit that is left is slowly disappearing. The ANC will bring it back with tenders😂😂😂😂

[@innocentia.830]

Can you believe it.....a country that is declining in manufacturing sector 😢 this is sad.

[@AndrewMcFarlane_1]

When did you realise is was in decline?

[@thabangtlhavani6269]

What a shame 😢😅😂🤣

[@kesseltonnkosi]

Which manufacturing? Alcohol or condoms.

[@godfreynkandela8873]

The topic or issue here is about Manufacturing,which is in a sharp decline, and the person who gets called to divulge this topic? Guess who? A consumer. This tells alot about the downward trajectory and its continuity. Programs like these are meant for you to raise hope where there is hopelessness, you go and bring in a person that doesnt even know how a Toothpick is made, to talk on behalf of manufacturers ? like really?