The IHS Markit South Africa rose slightly to 49.7 in June 2019 from 49.3 in the prior month, pointing to a mild deterioration of operating conditions in the South African private sector. New orders fell further which led to a slight decline in output; and employment rose only marginally. Regarding prices, input inflation rose sharply amid the increase in fuel prices across the country, and inflationary effects from electricity bills and a weaker exchange rate owing to poor economic data. Meanwhile, selling charges rose at a moderate pace overall. Looking ahead, sentiment regarding future outlook reached the highest in 15 months, on expectations of better economic conditions as the new government term began. Composite Pmi in South Africa is reported by Markit Economics.

Composite Pmi in South Africa is expected to be 50.40 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 50.00 in 12 months time. In the long-term, the South Africa Standard Bank PMI is projected to trend around 50.20 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 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 46.20 45.40 60.87 35.09 [+]
Industrial Production 1.00 4.30 18.50 -23.20 percent [+]
Industrial Production Mom -1.50 2.50 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.40 86.20 76.90 percent [+]
Changes in Inventories -11587.00 -53932.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 216.00 173.00 511.00 63.00 Companies [+]
Total Vehicle Sales 45940.00 40430.00 65689.00 18482.00 [+]
Car Registrations 28885.00 26170.00 42915.00 5155.00 [+]
Leading Economic Index 0.70 -0.70 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 509.50 576.00 885.00 182.00 Thousand Tonnes [+]
Mining Production -1.50 -1.20 23.20 -17.40 percent [+]
Coincident Index 93.30 93.00 141.17 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 49.30 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 22069.00 20711.00 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 -24.40 -19.10 75.70 -47.10 percent [+]


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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.70 49.30 52.70 46.40 2013 - 2019 Monthly
SA




Country Last Previous
Australia 52.50 Jun/19
Brazil 49.00 Jun/19
China 50.60 Jun/19
Euro Area 52.20 Jun/19
France 52.70 Jun/19
Germany 52.60 Jun/19
India 50.80 Jun/19
Italy 50.10 Jun/19
Japan 50.80 Jun/19
Russia 49.20 Jun/19
Singapore 50.60 Jun/19
South Africa 49.70 Jun/19
United Kingdom 49.70 Jun/19
United States 51.50 Jun/19


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