The seasonally adjusted Absa Purchasing Managers’ Index fell to 47.6 in July of 2022 from 52.2 in June, mainly due to electricity supply disruptions. It is the first decline in factory activity since July last year, when the looting and unrest in KwaZulu-Natal and Gauteng hurt output. source: Bureau for Economic Research (BER)

Manufacturing PMI in South Africa averaged 50.99 points from 1999 until 2022, reaching an all time high of 60 points in March of 2022 and a record low of 30.67 points in April of 2020. 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 August of 2022.

Manufacturing PMI in South Africa is expected to be 54.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Manufacturing PMI is projected to trend around 57.00 points in 2023 and 58.00 points in 2024, according to our econometric models.

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South Africa Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 47.60 52.20 points Jul 2022
Business Confidence 42.00 46.00 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
47.60 52.20 60.00 30.67 1999 - 2022 points Monthly

News Stream
South Africa Manufacturing Activity Falls in July
The seasonally adjusted Absa Purchasing Managers’ Index fell to 47.6 in July of 2022 from 52.2 in June, mainly due to electricity supply disruptions. It is the first decline in factory activity since July last year, when the looting and unrest in KwaZulu-Natal and Gauteng hurt output.
2022-08-01
South Africa Absa Manufacturing PMI Down in June
The seasonally adjusted Absa Purchasing Managers’ Index ticked decreased to 52.2 in June of 2022 from 54.8 in the previous month. The latest reading pointed to the 11th straight month of expansion in manufacturing activity but at a weaker pace, amid a deterioration in demand and activity during the month. The business activity index signalled a contraction in output for a third consecutive month, linked to floods in the KwaZulu-Natal province in April, continued supply chain issues and power cuts. Absa also warned that with the second quarter average for the business activity index at 45 points and the stark decline in actual factory output in April, the sector was likely to be a big drag on economic growth in the second quarter.
2022-07-01
South Africa Absa Manufacturing PMI Rises in May
The seasonally adjusted Absa Purchasing Managers’ Index rose to 54.8 in May of 2022 from 50.7 in the previous month. The latest reading pointed to the 10th straight month of expansion in manufacturing activity and at a faster pace, as domestic demand normalised and export sales returned to positive terrain following damaging floods in the key province of KwaZulu-Natal. "Despite the solid rebound in demand, business activity was stuck just below the neutral 50-point mark in May. This could be due to continued load-shedding and industrial action affecting output, but not necessarily weighing on demand," Absa said.
2022-06-01