PwC focus on Purchasing Media Index

African private sector resists depth of global slump in April

PMIs show decline in business activity but not as bad as the global average

At present, economies are changing at a fast pace. Economists are working hard to understand economies in lockdown and how this influences the outlook for e.g. production, employment and taxes. This endeavour requires up-to-date economic data that gives a view of economic activity as close to the present as possible. Data based on surveys can be very insightful in this regard. These kinds of publications include Purchasing Managers Index (PMI) reports: these are based on the results of questionnaires sent to purchasing managers at private sector companies.

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