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Kagiso PMI

Date: 2012 - August
Document Type: Kagiso PMI
Description: A monthly survey of purchasing managers in SA’s manufacturing sector, providing leading indications of business conditions in the sector – released on each first working day of the month.
   
Title: Kagiso PMI, August 2012
   

The seasonally adjusted Kagiso PMI was largely unchanged in August and lost a marginal 0.8 points to 50.2. The level of the index suggests that there was no growth in factory sector output between August and July 2012. The seasonally adjusted business activity, new sales orders and inventory indices all lost ground in August, but the declines were compensated for by gains in the employment and suppliers performance sub-components. A notable development was the sharp rise (8.2 points) in the PMI price index to 70.9, which in all likelihood reflects the sustained oil price increase during August.

   
Size: 426KB
   
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