The ABSA Manufacturing PMI for South Africa rose to 52.1 in July 2019 from 46.2 in the prior month. The reading marked the first expansion in factory activity since December 2018 and the strongest since June 2016, boosted by improvements in new-sales orders and business activity. However, "these levels may not be sustained as it was likely driven by increased output by manufacturers to safeguard against potential strike-related disruptions in the automotive or platinum-mining industries, where wage negotiations are taking place", Absa noted. Meantime, employment and input buying continued to fall, but a slightly slower pace. Also, manufacturers were less optimistic regarding the outlook for production over the next six months. Manufacturing PMI in South Africa averaged 50.96 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 50.00 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 50.30 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 28.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 52.10 46.20 60.87 35.09 [+]
Industrial Production -3.20 0.40 18.50 -23.20 percent [+]
Industrial Production Mom -1.50 -1.90 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.40 86.20 76.90 percent [+]
Changes in Inventories -11587.00 -53932.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 163.00 216.00 511.00 63.00 Companies [+]
Total Vehicle Sales 46077.00 45940.00 65689.00 18482.00 [+]
Car Registrations 29477.00 28885.00 42915.00 5155.00 [+]
Leading Economic Index -0.50 -1.50 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 454.30 509.50 885.00 182.00 Thousand Tonnes [+]
Mining Production -4.20 -1.50 23.20 -17.40 percent [+]
Coincident Index 92.00 93.30 141.17 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 48.40 49.70 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21923.00 22069.00 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 -16.00 -24.30 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.10 46.20 60.87 35.09 1999 - 2019 Monthly




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 46.50 Jul/19
France 49.70 Jul/19
Germany 43.20 Jul/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.40 Jul/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 50.40 Jul/19


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