The ABSA Manufacturing PMI for South Africa increased to 49.5 in November of 2018 from 42.4 in the previous month. The reading pointed to the first increase in four months in factory activity, still remaining in contraction territory, as new orders rose at the fastest pace since May and business activity advanced. Manufacturing PMI in South Africa averaged 51.07 from 1999 until 2018, 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 46.00 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 51.00 in 12 months time. In the long-term, the South Africa Manufacturing PMI is projected to trend around 54.00 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 31.00 34.00 91.00 10.20 Index Points [+]
Manufacturing PMI 49.50 42.40 60.87 35.09 [+]
Industrial Production 3.00 -0.10 18.50 -23.20 percent [+]
Industrial Production Mom 1.10 -0.80 9.10 -8.70 percent [+]
Capacity Utilization 81.20 81.10 86.30 76.90 percent [+]
Changes in Inventories 12744.00 -9149.00 59100.00 -58506.00 ZAR Million [+]
Bankruptcies 140.00 196.00 511.00 63.00 Companies [+]
Total Vehicle Sales 47486.00 51856.00 65689.00 18482.00 [+]
Car Registrations 31054.00 35050.00 42915.00 5155.00 [+]
Leading Economic Index -0.20 -0.50 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 543.30 572.90 885.00 182.00 Thousand Tonnes [+]
Mining Production 0.50 -2.00 23.20 -17.40 percent [+]
Coincident Index 96.10 95.80 141.17 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 48.20 46.90 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21947.00 20844.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 45.00 56.80 41.00 Points [+]
Corruption Rank 71.00 64.00 72.00 23.00 [+]


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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
49.50 42.40 60.87 35.09 1999 - 2018 Monthly




Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.40 Dec/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 53.90 Dec/18


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