The seasonally adjusted Asa Purchasing Managers’ Index rebounded to 57.9 in August 2021 following a record single-month decline to 43.5 in July. Both the business activity (58.5 vs 26.6) and new sales orders (60.9 vs 31.9) recovered sharply, reflecting the less strict lockdown restrictions as well as a rise in export sales. Meanwhile, the purchasing prices (84.2 vs 77) and inventories (54 vs 39.1) rose. On the other hand, supplier deliveries (58.9 vs 72.5) dropped which suggests supply chains are still not working effectively. Finally, bucking the general positive trends in the other indices, employment edged down to 47.1 from 47.6 in July and more losses in the next quarter will be expected. source: Bureau for Economic Research (BER)

Manufacturing PMI in South Africa averaged 50.83 points from 1999 until 2021, reaching an all time high of 60.90 points in October of 2020 and a record low of 30.32 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 September of 2021.

Manufacturing PMI in South Africa is expected to be 56.00 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 51.70 points in 2022 and 53.00 points in 2023, according to our econometric models.

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South Africa Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
57.90 43.55 60.90 30.32 1999 - 2021 points Monthly


News Stream
South Africa Absa Manufacturing PMI Rebounds in August
The seasonally adjusted Asa Purchasing Managers’ Index rebounded to 57.9 in August 2021 following a record single-month decline to 43.5 in July. Both the business activity (58.5 vs 26.6) and new sales orders (60.9 vs 31.9) recovered sharply, reflecting the less strict lockdown restrictions as well as a rise in export sales. Meanwhile, the purchasing prices (84.2 vs 77) and inventories (54 vs 39.1) rose. On the other hand, supplier deliveries (58.9 vs 72.5) dropped which suggests supply chains are still not working effectively. Finally, bucking the general positive trends in the other indices, employment edged down to 47.1 from 47.6 in July and more losses in the next quarter will be expected.
2021-09-01
South Africa Absa Manufacturing PMI at 14-Month Low
South Africa's Absa Manufacturing PMI fell sharply to 43.5 in July of 2021 from 57.4 in the previous month, signalling the steepest deterioration in business conditions since May of 2020. Both business activity and new sales orders fell sharply, reflecting the negative impact of tighter Covid-19 restrictions that have hit leisure and hospitality sectors in particular, as well as civil unrest in some parts of the country.
2021-08-02
South Africa Absa Manufacturing PMI Drops in June
South Africa's Absa Manufacturing PMI edged down to 57.4 in June of 2021 from 57.8 in the previous month, amid fresh concerns over rising coronavirus cases and tighter restrictions. Both business activity (56.2 vs 58.8 in May) and sales (57.3 vs 60.5) increased at a slower pace, although both remained very strong. "The index tracking expected business conditions in six months' time declined for a second month to 59.2, thereby still signalling an anticipated improvement in business conditions, just less so than before," Absa said. South Africa, the worst-hit on the African continent in terms of recorded cases and deaths, returned to an adjusted form of Level 4 lockdown on June 28th.
2021-07-01
South Africa Absa Manufacturing PMI at 7-Month High
South Africa's Absa Manufacturing PMI rose to 57.8 in May of 2021 from 56.2 in the previous month, reaching its highest level since last October. Four of the five subcomponents in the index were above the 50-point mark, with only the employment index dipping back into negative terrain, Absa said. The main positive contribution came from new sales orders (60.5 vs 58.7), despite a dip in export sales.
2021-06-01

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.