The IHS Markit South Africa PMI went up to 49.7 in August 2019 from 48.4 in the previous month, signalling a fourth successive month of deterioration in business conditions though less marked than in July. This was due in part to softer drops in output and new orders, as well as stabilised employment numbers. Meantime, input buying increased at the fastest pace since June 2018 and supplier delivery times were largely unchanged, after six months of deteriorating performance. In terms of prices, the rate of overall cost inflation slowed to a four-month low, whereas output prices were raised at a quicker pace. Lastly, optimism for future activity remained subdued, mainly reflecting the recent period of poorer economic conditions. Composite Pmi in South Africa is reported by Markit Economics.

Composite 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 Composite Pmi in South Africa to stand at 50.00 in 12 months time. In the long-term, the South Africa Standard Bank PMI is projected to trend around 50.20 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 21.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 45.70 52.10 60.87 35.09 [+]
Industrial Production -1.10 -3.60 18.50 -23.20 percent [+]
Industrial Production Mom 0.40 -1.90 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.40 86.20 76.90 percent [+]
Changes in Inventories 25999.00 -13686.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 183.00 163.00 511.00 63.00 Companies [+]
Total Vehicle Sales 45537.00 46077.00 65689.00 18482.00 [+]
Car Registrations 29075.00 29477.00 42915.00 5155.00 [+]
Leading Economic Index -0.40 -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 464.40 454.30 885.00 182.00 Thousand Tonnes [+]
Mining Production 2.40 -4.10 23.20 -17.40 percent [+]
Coincident Index 89.10 92.00 141.17 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 49.70 48.40 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 22530.00 21923.00 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 -13.10 -16.00 75.70 -47.10 percent [+]


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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.70 48.40 52.70 46.40 2013 - 2019 Monthly
SA




Country Last Previous
Australia 49.30 Aug/19
Brazil 51.90 Aug/19
China 51.60 Aug/19
Euro Area 51.90 Aug/19
France 52.90 Aug/19
Germany 51.70 Aug/19
India 52.60 Aug/19
Italy 50.30 Aug/19
Japan 51.90 Aug/19
Russia 51.50 Aug/19
Singapore 48.70 Aug/19
South Africa 49.70 Aug/19
United Kingdom 50.20 Aug/19
United States 50.70 Aug/19


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