South Africa Manufacturing PMI - Forecast

Manufacturing PMI in South Africa is expected to be 50.48 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 49.94 in 12 months time. In the long-term, the South Africa Manufacturing PMI is projected to trend around 55.90 in 2020, according to our econometric models.


Forecast Data Chart
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South Africa Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 39 43 49 49 50 51
Manufacturing PMI 51.5 50.48 55 50.06 49.94 55.9
Industrial Production 0.7 0.99 1.19 1.25 1.27 1
Industrial Production Mom 0.3 -0.14 0.2 0.08 0.1 0.5
Capacity Utilization 81.1 80.9 81.6 80.96 80.96 81.5
Changes in Inventories 11633 8299 7991 5404 7153 6416
Bankruptcies 154 156 157 157 157 157
Total Vehicle Sales 47881 43788 45591 45274 45179 45235
Car Registrations 32108 27691 28794 28584 28577 28589
Leading Economic Index 1.1 0.4 0.7 0.3 0.11 1
Internet Speed 6737 8355 8602 8843 9079 11179
IP Addresses 4274668 4272995 4228378 4262815 4243350 4256417
Steel Production 547 541 537 536 536 536
Mining Production 2.8 -1.41 0.6 -1.53 -1.6 1.2
Coincident Index 94.7 93.93 93.92 93.91 93.92 93.92
Competitiveness Index 4.32 4.32 4.32 4.34 4.39 4.37
Competitiveness Rank 61 61 61 62 52 63
Composite Pmi 49.3 51.2 50.5 49.95 49.95 49.95
Ease of Doing Business 82 72 71 86 87 69
Electricity Production 21915 21464 21076 21262 21498 21341
Corruption Index 43 44 46 43 43 48
Corruption Rank 71 72 59 72 72 57