Briefs
SA’s HSBC PMI dips to 49.5 in June
The HSBC Purchasing Managers' Index (PMI) edged down to 49.5 in June from 49.7 in May, pointing to a further deterioration in operating conditions for local firms.
The index has now come in below 50 for three consecutive months and averaged 49.5 in the second quarter of 2014.