January Prices Rise Amidst Falling Staffing Costs – Stanbic PMI

January purchase prices increased on the back of higher costs for construction materials and food products, but staff costs decreased for the first time in almost 17 months as the headline Stanbic Purchasing Managers’ Index (PMI) slipped to 54.0 in January from 54.8 in December.Readings above 50.0 signal an improvement in business conditions on the […]