JOHANNESBURG - Last week we had inflation data and the expected interest rate announcement.
This week, Absa's PMI is expected to show the challenges that the manufacturing sector is still grappling with.
The Reserve Bank will also release private sector extension data.
The decline in credit demand continues to deepen due to interest rate hikes since November 2021.
Econometric director and Chief Economist Azar Jammine says the trend is likely to continue.