The decline in the price index was supported by the further currency appreciation to levels below R6.30/$ at year-end, as well as the moderation in local energy prices. - André Roux Quotes
The decline in the price index was supported by the further currency appreciation to levels below R6.30/$ at year-end, as well as the moderation in local energy prices. André Roux
 Appreciation

More - André Roux Quotes

The renewed strength of the rand currency will reduce the competitiveness of the local manufacturing sector. - André Roux Quotes

The renewed strength of the rand currency will reduce the competitiveness of the local manufacturing sector.

André Roux

 
The index, however, remains well below the peak of 60 reached in July last year. - André Roux Quotes

The index, however, remains well below the peak of 60 reached in July last year.

André Roux

 
The decline in the price index was supported by the further currency appreciation to levels below R6.30/US$ at year-end, as well as the moderation in local energy prices. - André Roux Quotes

The decline in the price index was supported by the further currency appreciation to levels below R6.30/US$ at year-end, as well as the moderation in local energy prices.

André Roux

 Appreciation
Although the buoyant growth and demand conditions in the wider economy bode well for prospects in the sector, sustained currency strength has some dampening effect on the manufacturing sector's growth trajectory. - André Roux Quotes

Although the buoyant growth and demand conditions in the wider economy bode well for prospects in the sector, sustained currency strength has some dampening effect on the manufacturing sector's growth trajectory.

André Roux

 Economy
The decline in the price index was supported by the further currency appreciation to levels below R6.30/$ at year-end, as well as the moderation in local energy prices. - André Roux Quotes

The decline in the price index was supported by the further currency appreciation to levels below R6.30/$ at year-end, as well as the moderation in local energy prices.

André Roux

 Appreciation
The decline in the price index was supported by the further currency appreciation to levels below R6.30 per US dollar at year-end, as well as the moderation in local energy prices. - André Roux Quotes

The decline in the price index was supported by the further currency appreciation to levels below R6.30 per US dollar at year-end, as well as the moderation in local energy prices.

André Roux

 Appreciation
This indicates that manufacturing activity picked up somewhat in December following the slowdown in the preceding months. - André Roux Quotes

This indicates that manufacturing activity picked up somewhat in December following the slowdown in the preceding months.

André Roux

 
However, given the anticipated revenue overrun, he is likely to be forced to reduce all marginal income tax rates. - André Roux Quotes

However, given the anticipated revenue overrun, he is likely to be forced to reduce all marginal income tax rates.

André Roux

 Income
Activity has now contracted for two consecutive months, albeit mildly. As noted in the January release, the sustained strength of the rand exchange rate probably explains much of the pressure on manufacturing. - André Roux Quotes

Activity has now contracted for two consecutive months, albeit mildly. As noted in the January release, the sustained strength of the rand exchange rate probably explains much of the pressure on manufacturing.

André Roux

 Strength
This confirms that manufacturing conditions are under pressure. - André Roux Quotes

This confirms that manufacturing conditions are under pressure.

André Roux

 
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