The Standard Bank South Africa PMI increased to 49 in December of 2018 from 48.2 in the previous month. The reading pointed to the sixth straight month of contraction in private sector activity. Both output and new orders fell at a softer pace and new export orders declined at the weakest rate in six months. Also, purchasing activity continued to decrease while employment grew at the fastest pace since June. On the price front, input price inflation eased to a 5-month low mainly due to lower purchase prices and salaries and output prices rose at the softest pace in 11 months. Finally, business confidence towards futures output edged up to an eight-month high in December. Composite Pmi in South Africa is reported by Markit Economics.

Composite Pmi in South Africa is expected to be 50.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in South Africa to stand at 51.10 in 12 months time. In the long-term, the South Africa Standard Bank PMI is projected to trend around 52.00 in 2020, according to our econometric models.

South Africa Standard Bank PMI
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South Africa Business Last Previous Highest Lowest Unit
Business Confidence 31.00 34.00 91.00 10.20 Index Points [+]
Manufacturing PMI 50.70 49.50 60.87 35.09 [+]
Industrial Production 1.60 2.80 18.50 -23.20 percent [+]
Industrial Production Mom 0.70 1.10 9.10 -8.70 percent [+]
Capacity Utilization 81.20 81.10 86.30 76.90 percent [+]
Changes in Inventories 12744.00 -9149.00 59100.00 -58506.00 ZAR Million [+]
Bankruptcies 140.00 196.00 511.00 63.00 Companies [+]
Total Vehicle Sales 39984.00 47478.00 65689.00 18482.00 [+]
Car Registrations 26547.00 31054.00 42915.00 5155.00 [+]
Leading Economic Index -0.20 -0.50 4.70 -3.70 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 528.20 543.30 885.00 182.00 Thousand Tonnes [+]
Mining Production -5.60 0.20 23.20 -17.40 percent [+]
Coincident Index 95.20 96.10 141.17 88.12 Index Points [+]
Competitiveness Index 60.76 60.86 60.86 4.31 Points [+]
Competitiveness Rank 67.00 62.00 67.00 35.00 [+]
Composite Pmi 49.00 48.20 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21197.00 21947.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 45.00 56.80 41.00 Points [+]
Corruption Rank 71.00 64.00 72.00 23.00 [+]


South Africa Standard Bank PMI

In South Africa, the Standard Bank South Africa Purchasing Managers Index tracks business trends across private sector activity, including mining, manufacturing, services, construction and retail based on data collected from a representative panel of around 400 companies. The index tracks variables such as new orders, output, employment, supplier delivery times, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides - South Africa Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Standard Bank PMI - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.00 48.20 52.70 46.40 2013 - 2018 Monthly
SA




Country Last Previous
Australia 52.40 Dec/18
Brazil 52.40 Dec/18
China 52.20 Dec/18
Euro Area 51.10 Dec/18
France 48.70 Dec/18
Germany 51.60 Dec/18
India 53.60 Dec/18
Italy 50.00 Dec/18
Japan 52.00 Dec/18
Russia 53.90 Dec/18
Singapore 52.70 Dec/18
South Africa 49.00 Dec/18
United Kingdom 51.40 Dec/18
United States 54.40 Dec/18


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