Absa PMI
Absa PMI, December 2021
Last updated: Jan 7 2022 8:49AM
The Absa PMI lost some momentum in December 2021 but remained in expansionary territory. The headline index declined by 3.1 points to 54.1. Excluding inventories, all the major subcomponents were lower in December.
read moreThe Absa PMI lost some momentum in December 2021 but remained in expansionary territory. The headline index declined by 3.1 points to 54.1. Excluding inventories, all the major subcomponents were lower in December.
Absa PMI (History Data)
Last updated: Jan 7 2022 8:52AM
The Absa PMI lost some momentum in December 2021 but remained in expansionary territory. The headline index declined by 3.1 points to 54.1. Excluding inventories, all the major subcomponents were lower in December.
read moreThe Absa PMI lost some momentum in December 2021 but remained in expansionary territory. The headline index declined by 3.1 points to 54.1. Excluding inventories, all the major subcomponents were lower in December.
Absa PMI, November 2021
Last updated: Dec 1 2021 8:56AM
The Absa PMI recorded a solid increase in November, gaining 3.6 points to 57.2. This was the highest level for the headline PMI since before the COVID-19 third wave and the social unrest shock in July.
read moreThe Absa PMI recorded a solid increase in November, gaining 3.6 points to 57.2. This was the highest level for the headline PMI since before the COVID-19 third wave and the social unrest shock in July.
Absa PMI, October 2021
Last updated: Nov 2 2021 9:59AM
The Absa PMI lost further ground in October, declining to 53.6 from a downwardly revised 54.7 in September. At least two key developments in October help to explain the almost 4-point drop (to 46.1) in the business activity index. These are the three-week
read moreThe Absa PMI lost further ground in October, declining to 53.6 from a downwardly revised 54.7 in September. At least two key developments in October help to explain the almost 4-point drop (to 46.1) in the business activity index. These are the three-week strike in the steel and engineering sector and the return of Eskom load-shedding. Supplier delivery lead times and purchasing prices remained elevated in October, highlighting the continued pervasive impact of global bottleneck pressures.
Absa PMI, September 2021
Last updated: Oct 1 2021 9:13AM
At 56.8, the Absa manufacturing PMI declined somewhat in September from the 57.9 points recorded in August.
Absa PMI (History Data), 2021
Last updated: Sep 1 2021 8:20AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rebounded in August 2021 following a record single-month decline in July. The PMI more than recovered from last month’s steep decline and rose to 57.9 points in August from a very low 43.5 points
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rebounded in August 2021 following a record single-month decline in July. The PMI more than recovered from last month’s steep decline and rose to 57.9 points in August from a very low 43.5 points in July.
Absa PMI, August 2021
Last updated: Sep 1 2021 8:22AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rebounded in August 2021 following a record single-month decline in July. The PMI more than recovered from last month’s steep decline and rose to 57.9 points in August from a very low 43.5 points
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rebounded in August 2021 following a record single-month decline in July. The PMI more than recovered from last month’s steep decline and rose to 57.9 points in August from a very low 43.5 points in July.
Absa PMI, July 2021
Last updated: Aug 2 2021 9:16AM
Amid several supply-side shocks during the month, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) plunged in July. This signals that the output recovery in the manufacturing sector was set back notably at the start of the third quarter.
read moreAmid several supply-side shocks during the month, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) plunged in July. This signals that the output recovery in the manufacturing sector was set back notably at the start of the third quarter.
Absa PMI, June 2021
Last updated: Jul 1 2021 10:15AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down slightly to 57.4 index points in June 2021 from 57.8 the month before. All five of the headline PMI’s major subcomponents were above the neutral 50-point mark in June. Furthermore, the
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged down slightly to 57.4 index points in June 2021 from 57.8 the month before. All five of the headline PMI’s major subcomponents were above the neutral 50-point mark in June. Furthermore, the average reading of both the headline PMI as well as the business activity index during the second quarter was higher than recorded in the first quarter of 2021. This suggest that the sector’s output recovery was maintained in the second quarter, with another quarterly expansion likely. A significant annual expansion is effectively guaranteed given the extremely low base set in the second quarter of 2020.
Absa PMI, May 2021
Last updated: Jun 1 2021 10:25AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to a solid 57.8 points in May 2021 from 56.2 the month before. Four of the five subcomponents remained well above the neutral 50-point mark with only the employment index dipping back into
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to a solid 57.8 points in May 2021 from 56.2 the month before. Four of the five subcomponents remained well above the neutral 50-point mark with only the employment index dipping back into negative terrain.