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Downside manufacturing risks remain: BER

30 Nov 2011

Despite some improvements in manufacturing activity during the fourth quarter of 2011, downside risks from the slowdown in Eurozone economic growth momentum remain, says the Bureau for Economic Research.

"Manufacturers remain rather cautious about the outlook for the sector. The respondents expect business conditions to deteriorate in the first quarter of 2012 and to remain weak in a year's time," said the Bureau in its latest manufacturing survey on Monday.

The report indicated that manufacturing business confidence stabilised at relatively low levels, edging down from 36 to 35 index points in the fourth quarter.

"However, the relatively low confidence index hides the improvements in business conditions as reported by manufacturers."

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za