Published Jul 1, 2026, 5:16 AM ET · Updated 4 months ago · 1 source

South Africa Factory Mood Dips as Iran War Deal Delays Purchases

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South Africa Factory Mood Dips as Iran War Deal Delays Purchases

A gauge measuring sentiment among South African manufacturers slipped back into contractionary territory in June as customers delayed purchases in anticipation of prices declining after the US and Iran agreed to reopen the Strait of Hormuz.