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.