The Standard Bank South Africa PMI increased to 50.2 in February of 2019 from 49.6 in the previous month. The reading pointed to the first expansion in private sector activity in eight months, as both output broadly stabilised and new orders continued to fall, although the rate of deterioration was the lowest in 8 months. Also, employment rose for the third straight month and faster. Meantime, backlogs of work increased at the fastest pace since last October. On the price front, input price inflation was the softest in 21 months, mainly due to weaker growth of purchasing and staff costs. Meanwhile, output prices edged up only marginally with firms reporting the softest rise in 13 months. Finally, business confidence declined, despite the improvement in operating conditions. Firms that expected output to grow in the coming year, linked that to anticipation of a pick-up in the economy amid higher export sales, particularly with African trade partners. Composite Pmi in South Africa is reported by Markit Economics.

Composite Pmi in South Africa is expected to be 49.80 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 51.30 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 28.00 31.00 92.00 12.00 Index Points [+]
Manufacturing PMI 46.20 49.90 60.87 35.09 [+]
Industrial Production 0.30 0.00 18.50 -23.20 percent [+]
Industrial Production Mom -2.00 1.00 9.10 -8.70 percent [+]
Capacity Utilization 81.20 81.10 86.30 76.90 percent [+]
Changes in Inventories -53932.00 14456.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 139.00 141.00 511.00 63.00 Companies [+]
Total Vehicle Sales 43251.00 42355.00 65689.00 18482.00 [+]
Car Registrations 27000.00 29040.00 42915.00 5155.00 [+]
Leading Economic Index -0.50 -0.10 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 521.20 422.90 885.00 182.00 Thousand Tonnes [+]
Mining Production -3.30 -4.10 23.20 -17.40 percent [+]
Coincident Index 93.40 95.10 141.17 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 50.20 49.60 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 20909.00 20386.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 43.00 56.80 41.00 Points [+]
Corruption Rank 73.00 71.00 73.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.20 49.60 52.70 46.40 2013 - 2019 Monthly
SA




Country Last Previous
Australia 49.70 Feb/19
Brazil 52.60 Feb/19
China 50.70 Feb/19
Euro Area 51.90 Feb/19
France 50.40 Feb/19
Germany 52.80 Feb/19
India 53.80 Feb/19
Italy 49.60 Feb/19
Japan 50.70 Feb/19
Russia 54.10 Feb/19
Singapore 49.80 Feb/19
South Africa 50.20 Feb/19
United Kingdom 51.50 Feb/19
United States 55.50 Feb/19


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