The ABSA Manufacturing PMI for South Africa slumped to 45.7 in August 2019 from 52.1 in the previous month. It was the lowest reading since May, as all of the five major sub-indexes fell back into contraction territory, namely business activity and new orders. "Respondents continued to be fairly downbeat about exports for a third straight month, while domestic demand likely also weighed on orders,” Absa said. Also, the index which gauges business conditions in six months time declined, after 9 months above the neutral level, and the employment index decreased sharply to the lowest level in more than five years. Manufacturing PMI in South Africa averaged 50.94 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 43.00 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 50.10 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 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 29003.00 29457.00 43659.00 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 21934.00 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 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
45.70 52.10 60.87 35.09 1999 - 2019 Monthly




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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