India, Aug. 5 -- South Africa's private sector continued to expand marginally in July, supported by easing inflationary pressures along with a renewed expansion in output, survey results from S&P Global showed Wednesday.
The purchasing managers' index for the private sector economy dropped to 50.3 in July from 50.5 in June. Nonetheless, a score above 50.0 indicates expansion.
Business activity increased for the first time in three months in July, driven by cooling inflationary pressures and efficiency improvements. However, the growth was only marginal due to weak demand and political protests.
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