India, June 3 -- South Africa's private sector logged a marginal downturn in May, led by renewed falls in output and new orders amid inflationary pressures caused by the Middle East war, survey results from S&P Global showed Wednesday.
The purchasing managers' index for the private sector economy dropped to 49.6 in May from 51.6 in April. A score above 50.0 indicates expansion, while any reading below 50 suggests contraction.
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