The sharp fall in South Africa’s manufacturing PMI in November points to the recovery hitting the brakes in the middle of Q4 and, while recent developments regarding vaccines have brightened the outlook, harsh austerity will act as a key headwind to the economy over the coming quarters.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services