Loading…
South Africa’s October PMI remained at 49.0 for a second consecutive month, indicating continued contraction. Output fell at its fastest pace since December 2025 amid weaker demand, higher fuel costs and transport disruptions; new orders and export demand weakened, and employment fell for a third straight month.
The central bank raised rates to 7.25%.
Higher fuel and transport costs can raise the cost of moving feed and agricultural inputs, while weaker demand and tighter monetary policy may weigh on domestic consumption. The article does not identify a specific commodity-price impact.
ainvest.comWilliam CareyNov 5, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
