South Africa Manufacturing PMI

The ABSA Manufacturing PMI for South Africa decreased to 49.9 in January 2019 from 50.7 in the previous month, pointing to another contraction in factory activity. Four out of five measures of factory performance fell, led by new orders and business activity. "Despite the decline, the index remains 2 points above the average recorded in 2018 which suggests the sector started the year on a fairly solid footing", ABSA analysts said. Manufacturing PMI in South Africa averaged 51.06 from 1999 until 2019, reaching an all time high of 60.87 in April of 2002 and a record low of 35.09 in April of 2009.

Manufacturing PMI in South Africa is expected to be 47.00 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 52.00 in 12 months time. In the long-term, the South Africa Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

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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	49.90	50.70	60.87	35.09		[+]
Industrial Production	0.10	1.30	18.50	-23.20	percent	[+]
Industrial Production Mom	0.70	0.40	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	141.00	140.00	511.00	63.00	Companies	[+]
Total Vehicle Sales	42374.00	39984.00	65689.00	18482.00		[+]
Car Registrations	29040.00	26547.00	42915.00	5155.00		[+]
Leading Economic Index	-0.30	0.30	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	422.90	528.20	885.00	182.00	Thousand Tonnes	[+]
Mining Production	-4.80	-5.80	23.20	-17.40	percent	[+]
Coincident Index	95.10	95.20	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	49.60	49.00	52.70	46.40		[+]
Ease of Doing Business	82.00	82.00	82.00	32.00		[+]
Electricity Production	20386.00	21197.00	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		[+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.90	50.70	60.87	35.09	1999 - 2019		Monthly

Country	Last		Previous	Range
Australia	52.50	Jan/19	50	62.5 : 29.47
Brazil	52.70	Jan/19	52.6	53.5 : 41.6
Canada	53.00	Jan/19	53.6	57.1 : 47.5
China	48.30	Jan/19	49.7	52.3 : 47.2
Euro Area	50.50	Jan/19	51.4	60.6 : 33.5
France	51.20	Jan/19	49.7	58.8 : 42.7
Germany	49.70	Jan/19	51.5	63.3 : 32
India	53.90	Jan/19	53.2	55 : 47.9
Indonesia	49.90	Jan/19	51.2	58.5 : 46.4
Italy	47.80	Jan/19	49.2	59 : 47.8
Japan	48.50	Feb/19	50.3	56.2 : 29.6
Mexico	50.90	Jan/19	49.7	57.1 : 49.2
Netherlands	55.10	Jan/19	57.2	63.4 : 48
Russia	50.90	Feb/19	51.7	54.7 : 47.6
Saudi Arabia	56.20	Jan/19	54.5	61.8 : 51.4
Singapore	50.70	Jan/19	51.1	53.1 : 48.3
South Africa	49.90	Jan/19	50.7	60.87 : 35.09
South Korea	48.30	Jan/19	49.8	52.6 : 45.7
Spain	52.40	Jan/19	51.1	56.1 : 41.1
Switzerland	54.30	Jan/19	57.5	66.9 : 32.8
Turkey	44.20	Jan/19	44.2	55.7 : 42.7
United Kingdom	52.80	Jan/19	54.2	61.5 : 34.4
United States	54.90	Jan/19	53.8	57.9 : 50.7