Absa PMI
Absa PMI (History Data), 2019
Last updated: Jan 8 2020 10:38AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged lower to 47.1 index points in December 2019 from 47.7 points recorded in November. The December figure is about one point below the average recorded through 2019. In any case, the PMI paints
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged lower to 47.1 index points in December 2019 from 47.7 points recorded in November. The December figure is about one point below the average recorded through 2019. In any case, the PMI paints a bleak picture of the performance of the manufacturing sector through the year as the headline PMI only managed to edge above 50 points for two months in the year. Bouts of load shedding and persistent weak domestic demand coupled with more intense headwinds from the global economy likely weighed on activity during the year.
Absa PMI, December 2019
Last updated: Jan 8 2020 10:37AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged lower to 47.1 index points in December 2019 from 47.7 points recorded in November. The December figure is about one point below the average recorded through 2019. In any case, the PMI paints
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged lower to 47.1 index points in December 2019 from 47.7 points recorded in November. The December figure is about one point below the average recorded through 2019. In any case, the PMI paints a bleak picture of the performance of the manufacturing sector through the year as the headline PMI only managed to edge above 50 points for two months in the year. Bouts of load shedding and persistent weak domestic demand coupled with more intense headwinds from the global economy likely weighed on activity during the year.
Absa PMI, November 2019
Last updated: Dec 2 2019 10:44AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked down to 47.7 index points in November from 48.1 in October. The decline was broad-based as four of the five subcomponents of the headline PMI nudged down compared to the previous month.
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked down to 47.7 index points in November from 48.1 in October. The decline was broad-based as four of the five subcomponents of the headline PMI nudged down compared to the previous month. Despite the decline, the average level of the PMI in October and November is still slightly above that recorded in the third quarter.
Absa PMI, October 2019
Last updated: Nov 1 2019 10:25AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 48.1 index points in October, up from a revised 45.1 index points in September. The October level was slightly higher than the average of 47.3 recorded during the third quarter and in line
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 48.1 index points in October, up from a revised 45.1 index points in September. The October level was slightly higher than the average of 47.3 recorded during the third quarter and in line with the average of 48.3 points recorded during the first nine months of the year.
Absa PMI, September 2019
Last updated: Oct 1 2019 8:41AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 41.6 index points in September, down from 45.7 in August. This was the second consecutive large fall in the PMI and brought the index more than 10 points below a recent high of 52.1
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 41.6 index points in September, down from 45.7 in August. This was the second consecutive large fall in the PMI and brought the index more than 10 points below a recent high of 52.1 points reached in July. At the time, we did caution that given weak underlying demand conditions, the robust July reading was unlikely to be sustained.
Absa PMI, August 2019
Last updated: Sep 2 2019 10:42AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 45.7 index points in August, down from 52.1 in July. While the magnitude of the decline may have been larger than anticipated, a fall in the PMI in August was not totally unexpected.
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 45.7 index points in August, down from 52.1 in July. While the magnitude of the decline may have been larger than anticipated, a fall in the PMI in August was not totally unexpected. This followed on July’s surprisingly solid reading despite the weak domestic demand environment and growing concerns about the health of the global economy.
Absa PMI, July 2019
Last updated: Aug 1 2019 7:08AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July, up from 46.2 in June. This is the first reading above the neutral 50-point mark since December 2018 with the improvement well supported by the underlying
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) measured 52.1 index points in July, up from 46.2 in June. This is the first reading above the neutral 50-point mark since December 2018 with the improvement well supported by the underlying subcomponents.
Absa PMI, June 2019
Last updated: Jul 1 2019 10:36AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 46.2 index points in June 2019, up from 45.4 in May. The average level for the second quarter was 46.3 points, below the level recorded in the first quarter of 2019.
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 46.2 index points in June 2019, up from 45.4 in May. The average level for the second quarter was 46.3 points, below the level recorded in the first quarter of 2019.
Absa PMI, May 2019
Last updated: Jun 3 2019 10:27AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased most of last month’s gain and fell to 45.4 index points in May from 47.2 points in April. Barring a drop to 45 points in March, this is the weakest level since October 2018.
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased most of last month’s gain and fell to 45.4 index points in May from 47.2 points in April. Barring a drop to 45 points in March, this is the weakest level since October 2018.
Absa PMI, April 2019
Last updated: May 2 2019 10:46AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of declines in the headline PMI. However, the PMI remains below the neutral 50-point mark and
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of declines in the headline PMI. However, the PMI remains below the neutral 50-point mark and is more or less in line with the average recorded in the first quarter of 2019. This means that factory conditions stabilised at a fairly depressed level at the start of the second quarter.