{"id":20370,"date":"2025-12-03T08:03:40","date_gmt":"2025-12-03T06:03:40","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sas-private-sector-activity-contracts-for-second-month-in-november-pmi-shows\/"},"modified":"2026-02-27T16:31:41","modified_gmt":"2026-02-27T14:31:41","slug":"sas-private-sector-activity-contracts-for-second-month-in-november-pmi-shows","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-private-sector-activity-contracts-for-second-month-in-november-pmi-shows\/","title":{"rendered":"SA&#8217;s private sector activity contracts for second month in November, PMI shows"},"content":{"rendered":"<div id=\"x_divRplyFwdMsg\">\n<div class=\"x_elementToProof\" data-olk-copy-source=\"MessageBody\"><span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">South Africa&#8217;s (SA) private sector activity contracted for the second consecutive month in November driven by sustained falls in output and new business volumes, an Standard &amp; Poor&#8217;s (S&amp;P) Global survey showed on Wednesday.<\/span><\/div>\n<\/div>\n<div><\/div>\n<div>The Purchasing Managers&#8217; Index (PMI) rose slightly to 49.0 from 48.8 in October, but remained below the 50.0 mark that separates growth from contraction.<\/div>\n<div><\/div>\n<div>Price pressures intensified, with firms experiencing the sharpest rise in input costs in over a year, prompting them to increase output charges at the quickest rate since February.<\/div>\n<div><\/div>\n<div>&#8220;Firms raised their selling prices at the fastest rate in nine months, which signalled only a limited ability to absorb cost burdens,&#8221; said David Owen, Senior Economist at S&amp;P Global Market Intelligence.<\/div>\n<div><\/div>\n<div>Headline consumer inflation in Africa&#8217;s largest economy currently sits at 3.6% year-on-year, an increase from 3.4% recorded previously.<\/div>\n<div><\/div>\n<div>However, business expectations improved to a 12-month high, with nearly half of the surveyed firms forecasting increased activity in the coming year, citing new business opportunities and hopes for broader economic recovery.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-20370","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"SA private sector activity contracted for the second consecutive month","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20370\/revisions"}],"predecessor-version":[{"id":24433,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20370\/revisions\/24433"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14374"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=20370"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=20370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}