The IHS Markit South Africa PMI rose to 50.3 in April 2019 from 48.8 in the previous month, signaling only the second improvement to business conditions in ten months. Output and new orders were little-changed after nine months of contraction, while export sales fell for the third month running. Still, input purchases returned to growth and employment increased. On the price front, a run of weak demand culminated in a second successive drop in selling prices and the first fall in input prices throughout the survey history. Looking ahead, business expectations improved slightly as firms noted that activity could likely pick-up after the general election. Composite Pmi in South Africa is reported by Markit Economics.

Composite Pmi in South Africa is expected to be 50.80 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in South Africa to stand at 51.40 in 12 months time. In the long-term, the South Africa Standard Bank PMI is projected to trend around 52.00 in 2020, according to our econometric models.

South Africa Standard Bank PMI
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South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 31.00 92.00 12.00 Index Points [+]
Manufacturing PMI 47.20 45.00 60.87 35.09 [+]
Industrial Production 1.20 0.50 18.50 -23.20 percent [+]
Industrial Production Mom 0.80 -2.00 9.10 -8.70 percent [+]
Capacity Utilization 81.40 81.30 86.20 76.90 percent [+]
Changes in Inventories -53932.00 14456.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 178.00 146.00 511.00 63.00 Companies [+]
Total Vehicle Sales 36794.00 47718.00 65689.00 18482.00 [+]
Car Registrations 24989.00 30348.00 42915.00 5155.00 [+]
Leading Economic Index -0.40 2.00 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 543.80 528.40 885.00 182.00 Thousand Tonnes [+]
Mining Production -1.10 -8.10 23.20 -17.40 percent [+]
Coincident Index 93.70 91.80 141.17 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 50.30 48.80 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 20923.00 19196.00 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 [+]


South Africa Standard Bank PMI

In South Africa, the Standard Bank South Africa Purchasing Managers Index tracks business trends across private sector activity, including mining, manufacturing, services, construction and retail based on data collected from a representative panel of around 400 companies. The index tracks variables such as new orders, output, employment, supplier delivery times, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides - South Africa Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Standard Bank PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.30 48.80 52.70 46.40 2013 - 2019 Monthly
SA




Country Last Previous
Australia 52.20 May/19
Brazil 50.60 Apr/19
China 52.70 Apr/19
Euro Area 51.60 May/19
France 51.30 May/19
Germany 52.40 May/19
India 51.70 Apr/19
Italy 49.50 Apr/19
Japan 50.80 Apr/19
Russia 53.00 Apr/19
Singapore 53.30 Apr/19
South Africa 50.30 Apr/19
United Kingdom 50.90 Apr/19
United States 50.90 May/19


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