The Purchasing Managers’ Index (PMI) plunged in July, signalling that the output recovery in the manufacturing sector was set back notably at the start of Q3. From an elevated 57.4 in June, the headline PMI suffered a...
Read MoreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to a solid 57.8 points in May 2021 from 56.2 in April. Four of the five subcomponents remained well above the neutral 50-point mark with only the...
Read MoreThe seasonally-adjusted Absa Purchasing Managers’ Index (PMI) declined further to 50.3 index points in December 2020, down from 52.6 in November. This is the lowest level since July 2020. The reading just above 50 index...
Read MoreThe Absa Purchasing Managers’ Index (PMI) declined to 52.6 index points in November from the solid 60.9 points recorded in October. The decline comes after three consecutive upward moves and brings the index to the lowest...
Read MoreFollowing a robust increase in August 2020, the Absa Purchasing Managers’ Index (PMI) ticked up further to 58.3 index points in September. The shift to a lower lockdown level mid-month likely drove the further improvement...
Read MoreThe Absa Purchasing Managers’ Index (PMI) for July 2020 declined slightly compared with June, but continued to signal a further month-on-month improvement for conditions in the manufacturing sector. The PMI declined to...
Read MoreThe Absa Purchasing Managers’ Index (PMI) for June 2020 showed that conditions continued to improve in the South African manufacturing sector. This is after most of the sector came to a near standstill during the...
Read MoreThe Purchasing Managers’ Index (PMI) edged lower in December 2019 to 47.1 index points, down from 47.7 points recorded in November 2019. The December figure is about 1 point below the average recorded throughout 2019. The...
Read MoreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked down to 47.7 index points in November from 48.1 in October. The decline was broad-based as four of the five subcomponents of the headline PMI nudged down...
Read MoreThe seasonally-adjusted Absa Purchasing Managers’ Index (PMI) rose to 48.1 index points in October 2019, up from 45.1 index points in September 2019. The October level was slightly higher than the average of 47.3 recorded...
Read MoreThe seasonally-adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July 2019, up from 46.2 index points in June 2019. This is the first reading above the neutral 50-point mark since December 2018....
Read MoreThe seasonally-adjusted Absa Purchasing Managers’ Index (PMI) erased most of last month’s gains as it fell to 45.4 index points in May 2019, down from 47.2 index points in April 2019. Barring a drop to 45 index...
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