Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-advertisement | 1 year | Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . |
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
CookieLawInfoConsent | 1 year | Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie. |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. |
_ga_ZNR8TQGJ5V | 2 years | This cookie is installed by Google Analytics. |
_gat_gtag_UA_3057904_1 | 1 minute | Set by Google to distinguish users. |
_gat_UA-3057904-1 | 1 minute | A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to. |
_gid | 1 day | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
Cookie | Duration | Description |
---|---|---|
pron_ip | session | No description available. |
PMI drops by 2.6 points
The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) fell by 2.6 index points to 45.9 in October from a downwardly revised 48.5 points in September.
The current level is at its worst since January and well below the neutral 50-point mark, which suggests that the manufacturing sector experienced a lacklustre start to Q4 2016.
Indeed, four out of the five main PMI subcomponents declined on a month-on-month basis, with only the index measuring suppliers’ performance ticking up slightly in October.
Erasing some of the gains made in September, the new sales orders index fell by 2.8 points to 44.5 in October. The deterioration was despite some respondents still noting improved export growth during the month.
Amid persisting weak (domestic) demand conditions, the business activity and employment indices also deteriorated. At 43.5 and 45.1 points respectively, these two indices are well below the neutral 50-point mark.
Unfortunately, manufacturers’ sentiment towards future business conditions turned notably more pessimistic. After three months of increases, the index tracking expected business conditions in six months’ time fell by 13.2 points – the third biggest drop on record – to 50.6 points in October.
With global economic prospects looking up in the second half of 2016, it could be that renewed concern about the future of Finance Minister Pravin Gordhan, increased talk about a possible credit rating downgrade for SA at the end of the year, as well as #FeesMustFall protests affected manufacturers’ sentiment.
Related Posts
Absa Purchasing Managers’ Index (PMI) March 2024
Absa Purchasing Managers’ Index (PMI) February 2024
Absa Purchasing Managers’ Index (PMI) January 2024
Absa Purchasing Managers’ Index (PMI) November 2023
Latest Jobs
Management Consultant
R 1.2 Mil – R 1 Mil
Senior Accountant
Confidential
Tax Practitioner
R 360 K – R 300 K
Technical Head – Infrastructure & Services
R 2.1 Mil – R 1.6 Mil
Supply Chain Manager
R 1.7 Mil – R 1.4 Mil
Regional Order Fulfilment Manager
R 1.5 Mil – R 1.3 Mil
Leaders Profile
The Incredible Power of Networking & Collaboration For Business Growth
Talking to Jothi David
Leadership Profile: Riccardo Benedetti
Procurement Leader: Colette Yende
Procurement Leader: Kamalasen Chetty, Visa
Movers and Shakers in Procurement
Sean Slabbert
Deon Mocke
Zunaid Rasdien MCIPS
Dr Khomotso Mhelembe
Sanet Shepperson MBA (CIPS), FCIPS, MCIPS
Upcoming Courses
Fundamentals of Stores and Stock Control Training Course
Procurement Contract Management and SLA Training Course
Ethics in Procurement and Supply Chain Management
Supervisory Skills for Procurement Managers
Preferential Procurement – B-BBEE (1 Day)
Introduction to Supplier Relationship Management
What you might have missed
Transforming Procurement and Business through Storytelling
An Analysis of Key Procurement Best Practices
A Strategic Guide to Navigating Legal Services Procurement
Difference Between Strategic Sourcing and Category Management
Navigating The Red Sea Crisis: What You Should Be Doing