South Africa's Absa Manufacturing PMI rose further to 58.3 in September of 2020 from 57.3 in the prior month and above pre-pandemic levels. The reading pointed to the fifth consecutive month of expansion in factory activity and at the quickest pace on record, as business activity and news sales were boosted by the further easing of lockdown restrictions. South Africa has moved to Level 1 lockdown restrictions from September 21st, 2020, following a significant decrease in Covid-19 cases. source: Bureau for Economic Research (BER)

Manufacturing PMI in South Africa averaged 50.82 points from 1999 until 2020, reaching an all time high of 58.30 points in September of 2020 and a record low of 38.38 points in April of 2009. This page provides the latest reported value for - South Africa Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Manufacturing PMI in South Africa is expected to be 58.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in South Africa to stand at 48.60 in 12 months time. In the long-term, the South Africa Manufacturing PMI is projected to trend around 51.40 points in 2021 and 51.70 points in 2022, according to our econometric models.

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South Africa Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
58.30 57.30 58.30 38.38 1999 - 2020 points Monthly


News Stream
South Africa Manufacturing PMI Highest on Record
South Africa's Absa Manufacturing PMI rose further to 58.3 in September of 2020 from 57.3 in the prior month and above pre-pandemic levels. The reading pointed to the fifth consecutive month of expansion in factory activity and at the quickest pace on record, as business activity and news sales were boosted by the further easing of lockdown restrictions. South Africa has moved to Level 1 lockdown restrictions from September 21st, 2020, following a significant decrease in Covid-19 cases.
2020-10-01
South Africa Manufacturing PMI Highest since 2007
South Africa's Absa Manufacturing PMI rose sharply to 57.3 in August of 2020 from 51.2 in the prior month and above pre-pandemic levels. The reading pointed to the fourth consecutive month of expansion in factory activity and at the quickest pace since March of 2007, as business activity and export orders were lifted by the easing of the nationwide lockdown restrictions to level 2. Meantime, employment continued to decrease although at a softer pace. Looking ahead, manufacturers were more confident about the future as business sentiment rose to the highest in 18 months.
2020-09-01
South Africa Factory Activity Growth Softens in July
South Africa's Absa Manufacturing PMI fell to 51.2 in July of 2020 from a near seven-year high of 53.9 in the prior month. Both business activity and new orders rose at a slower pace while jobs continued to be shed even with activity recovering. “Some respondents noted that output remained below pre-lockdown levels,” Absa said. Also, the index tracking business conditions in six months’ time rose to the highest level in a year, but still "fairly subdued" compared to the long term average.
2020-08-03
South Africa Manufacturing PMI Highest since 2013
South Africa's Absa Manufacturing PMI rose to 53.9 in June of 2020 from 50.2 in the previous month. The reading pointed to the quickest expansion in the country's manufacturing sector since August of 2013, as the further easing of lockdown rules helped to boost business activity and sales. On June 1st, South Africa moved to "level 3 lockdown", which allowed large parts of the economy to reopen.
2020-07-01

South Africa Manufacturing PMI
The Absa Manufacturing PMI is a monthly survey of purchasing managers in South Africa's manufacturing sector. The index provides leading indications of business conditions in the sector. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining.