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Manufacturer confidence drops to lowest level in a year and a half – Absa Survey

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Manage episode 506828979 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
GUEST – Sachin Chanderdhev - Absa Business Banking manufacturing sector specialist
The Absa Manufacturing Survey decreased by ten points to 23 in the third quarter – its lowest level since the first quarter of 2024, with Absa noting that overall business confidence in the sector remains under severe pressure, despite notable gains in sales and production activity in certain subsectors.
While manufacturers of consumer and capital goods within industries such as transport, food and furniture recorded meaningful improvements in sales and production activity, manufacturers of intermediate goods – including inputs used in the metals sector – reported significant declines in confidence levels. Kaya FM
  continue reading

174 episodes

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iconShare
 
Manage episode 506828979 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
GUEST – Sachin Chanderdhev - Absa Business Banking manufacturing sector specialist
The Absa Manufacturing Survey decreased by ten points to 23 in the third quarter – its lowest level since the first quarter of 2024, with Absa noting that overall business confidence in the sector remains under severe pressure, despite notable gains in sales and production activity in certain subsectors.
While manufacturers of consumer and capital goods within industries such as transport, food and furniture recorded meaningful improvements in sales and production activity, manufacturers of intermediate goods – including inputs used in the metals sector – reported significant declines in confidence levels. Kaya FM
  continue reading

174 episodes

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