Absa PMI
Absa PMI (History Data), 2021
Last updated: May 3 2021 10:30AM
Following three consecutive months of improvement, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined slightly to 56.2 index points in April from 57.4 in March. Despite the modest pullback, the index is now about 2.5 points above the
read moreFollowing three consecutive months of improvement, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined slightly to 56.2 index points in April from 57.4 in March. Despite the modest pullback, the index is now about 2.5 points above the average recorded in the first quarter of the year and about 26 points above the April 2020 reading recorded during the strictest phase of South Africa’s lockdown.
Absa PMI, April 2021
Last updated: May 3 2021 10:30AM
Following three consecutive months of improvement, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined slightly to 56.2 index points in April from 57.4 in March. Despite the modest pullback, the index is now about 2.5 points above the
read moreFollowing three consecutive months of improvement, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined slightly to 56.2 index points in April from 57.4 in March. Despite the modest pullback, the index is now about 2.5 points above the average recorded in the first quarter of the year and about 26 points above the April 2020 reading recorded during the strictest phase of South Africa’s lockdown.
Absa PMI, March 2021
Last updated: Apr 1 2021 9:35AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose for a third consecutive month to reach 57.4 index points in March, from 53 the month before. The increase was supported by an improvement in all five subcomponents relative to February.
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose for a third consecutive month to reach 57.4 index points in March, from 53 the month before. The increase was supported by an improvement in all five subcomponents relative to February. Indeed, only the employment index remained stuck below the neutral 50-point mark with the other four key subindices pointing to an expansion.
Absa PMI, February 2021
Last updated: Mar 1 2021 10:02AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased to 53 index points in February from 50.9 in the month before. The further increase was supported by three of the five subcomponents gaining relative to January. Only the employment index
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased to 53 index points in February from 50.9 in the month before. The further increase was supported by three of the five subcomponents gaining relative to January. Only the employment index moved lower, while the supplier deliveries index also ticked down but remained well above the neutral 50-point mark and thus supported the headline figure.
Absa PMI, January 2021
Last updated: Feb 1 2021 10:10AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged up slightly to 50.9 index points in January, from 50.3 in December. While up on the month before, the January reading is much lower than the average recorded in the final quarter of 2020.
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged up slightly to 50.9 index points in January, from 50.3 in December. While up on the month before, the January reading is much lower than the average recorded in the final quarter of 2020. Indeed, the business activity index declined for a fourth consecutive month which points to a further loss in the recovery momentum.
Absa PMI, December 2020
Last updated: Jan 8 2021 10:03AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined further to 50.3 index points in December 2020, down from 52.6 in November. This is the lowest level since July 2020. The reading just above 50 index points suggests that growth is
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined further to 50.3 index points in December 2020, down from 52.6 in November. This is the lowest level since July 2020. The reading just above 50 index points suggests that growth is levelling off in the manufacturing sector after solid month-on-month gains were recorded in the wake of April’s lockdown-induced plunge in activity.
Absa PMI (History Data), 2020
Last updated: Jan 8 2021 10:02AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined further to 50.3 index points in December 2020, down from 52.6 in November. This is the lowest level since July 2020. The reading just above 50 index points suggests that growth is
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined further to 50.3 index points in December 2020, down from 52.6 in November. This is the lowest level since July 2020. The reading just above 50 index points suggests that growth is levelling off in the manufacturing sector after solid month-on-month gains were recorded in the wake of April’s lockdown-induced plunge in activity.
Absa PMI, November 2020
Last updated: Dec 1 2020 9:54AM
The Absa Purchasing Managers’ Index (PMI) declined to 52.6 index points in November from the solid 60.9 points recorded in October. While still signalling an improvement in business conditions, the drop suggests that the manufacturing sector’s recovery is
read moreThe Absa Purchasing Managers’ Index (PMI) declined to 52.6 index points in November from the solid 60.9 points recorded in October. While still signalling an improvement in business conditions, the drop suggests that the manufacturing sector’s recovery is starting to lose momentum.
Absa PMI, October 2020
Last updated: Nov 2 2020 10:06AM
The Absa Purchasing Managers’ Index (PMI) rose to a solid 60.9 index points in October, up from a revised 58.5 index points in September. The further increase at the start of the fourth quarter is an encouraging sign that the manufacturing sector continues to
read moreThe Absa Purchasing Managers’ Index (PMI) rose to a solid 60.9 index points in October, up from a revised 58.5 index points in September. The further increase at the start of the fourth quarter is an encouraging sign that the manufacturing sector continues to recover following a record contraction in April.
Absa PMI, September 2020
Last updated: Oct 1 2020 9:40AM
Following a robust increase in August, the Absa Purchasing Managers’ Index (PMI) ticked up further to 58.3 index points in September. The shift to a lower lockdown level mid-month likely drove the further improvement in business conditions in the local
read moreFollowing a robust increase in August, the Absa Purchasing Managers’ Index (PMI) ticked up further to 58.3 index points in September. The shift to a lower lockdown level mid-month likely drove the further improvement in business conditions in the local manufacturing sector.