The ABSA Manufacturing PMI for South Africa dipped to 41.6 in September 2019 from 45.7 in the prior month. This is the second consecutive sharp decline in factory activity and the largest since August 2009, amid continued weak demand conditions. In September, three of its five sub-components decreased sharply, namely new sales orders, purchasing inventories and business activity. Meanwhile, supplier deliveries and employment were the only sub-components which rose, although the employment index remained at a very weak level. "Besides sustained weak domestic demand conditions, the poor South African manufacturing print comes against a backdrop of growing concerns about the health of the global economy and, in particular, South Africa’s trading partners in Europe," Absa said. Manufacturing PMI in South Africa averaged 50.90 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 43.00 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 47.40 in 12 months time. In the long-term, the South Africa Manufacturing PMI is projected to trend around 50.10 in 2020, according to our econometric models.

South Africa Manufacturing PMI
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South Africa Business Last Previous Highest Lowest Unit
Business Confidence 21.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 41.60 45.70 60.87 35.09 [+]
Industrial Production -1.80 -0.70 18.50 -23.20 percent [+]
Industrial Production Mom 1.30 0.80 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.70 86.20 76.90 percent [+]
Changes in Inventories 25999.00 -13686.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 176.00 183.00 511.00 63.00 Companies [+]
Total Vehicle Sales 49191.00 45537.00 65689.00 18482.00 [+]
Car Registrations 33139.00 29003.00 43659.00 5155.00 [+]
Leading Economic Index 0.70 -0.80 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 [+]
Mining Production -3.20 1.40 23.20 -17.40 percent [+]
Steel Production 434.00 464.40 885.00 182.00 Thousand Tonnes [+]
Coincident Index 92.40 89.10 141.17 88.12 Index Points [+]
Competitiveness Index 62.44 60.76 62.44 4.31 Points [+]
Competitiveness Rank 60.00 67.00 67.00 35.00 [+]
Composite Pmi 49.20 49.70 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21481.00 22530.00 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 [+]
Gold Production -5.40 -13.40 75.70 -47.10 percent [+]


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. 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
41.60 45.70 60.87 35.09 1999 - 2019 Monthly




Country Last Previous
Australia 54.70 Sep/19
Brazil 53.40 Sep/19
Canada 51.00 Sep/19
China 51.40 Sep/19
Euro Area 45.70 Sep/19
France 50.10 Sep/19
Germany 41.70 Sep/19
India 51.40 Sep/19
Indonesia 49.10 Sep/19
Italy 47.80 Sep/19
Japan 48.90 Sep/19
Mexico 49.10 Sep/19
Netherlands 51.60 Sep/19
Russia 46.30 Sep/19
Saudi Arabia 57.30 Sep/19
Singapore 49.50 Sep/19
South Africa 41.60 Sep/19
South Korea 48.00 Sep/19
Spain 47.70 Sep/19
Switzerland 44.60 Sep/19
Turkey 50.00 Sep/19
United Kingdom 48.30 Sep/19
United States 51.10 Sep/19


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