Tag: 50-point level

Manufacturing outlook down as PMI slumps

 The seasonally adjusted ABSA Purchasing Managers’ Index (PMI) slumped in April 2017, after a solid performance during Q1 2017. The index fell to 44.7 index points from an average of 51.9 during Q1. The decline was...

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SA PMI edges above the key 50 level

South Africa’s Purchasing Managers’ Index (PMI) climbed above the neutral 50-point mark in September and signalled growth for the first time since March 2014.The 1.7 index point increase to 50.7 was mainly driven by...

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