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South Africa private sector contracts after four months of growth, PMI shows

South Africa’s private sector contracted in May as output and new orders fell amid higher ​fuel prices and uncertainty linked to the Iran war, ‌a business survey showed on Wednesday.

JOHANNESBURG, June 3 (Reuters) – South Africa’s private sector contracted in May as output and new orders fell amid higher ​fuel prices and uncertainty linked to the Iran war, ‌a business survey showed on Wednesday.
The S&P Global South Africa Purcha… [1176 chars]

Source: Reuters | Published: 2026-06-03T07:17:16Z

Credit: Reuters

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