Absa PMI
Absa PMI, August 2022
Date Uploaded: Sep 1 2022 11:00AM
Following a tough start to the third quarter, an easing in the intensity of load-shedding meant that conditions in the manufacturing sector improved in August 2022 relative to July. The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked up to
read moreFollowing a tough start to the third quarter, an easing in the intensity of load-shedding meant that conditions in the manufacturing sector improved in August 2022 relative to July. The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked up to 52.1 points in August from 47.6 in the prior month.
Absa PMI (History Data)
Date Uploaded: Sep 1 2022 11:00AM
Following a tough start to the third quarter, an easing in the intensity of load-shedding meant that conditions in the manufacturing sector improved in August 2022 relative to July. The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked up to
read moreFollowing a tough start to the third quarter, an easing in the intensity of load-shedding meant that conditions in the manufacturing sector improved in August 2022 relative to July. The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked up to 52.1 points in August from 47.6 in the prior month.
Absa PMI, July 2022
Date Uploaded: Aug 1 2022 11:00AM
The further decline in the seasonally adjusted Absa Purchasing Managers’ Index (PMI) suggests that the manufacturing sector experienced a tough start to the third quarter following a weak second quarter. The headline index fell from 52.2 points in June to
read moreThe further decline in the seasonally adjusted Absa Purchasing Managers’ Index (PMI) suggests that the manufacturing sector experienced a tough start to the third quarter following a weak second quarter. The headline index fell from 52.2 points in June to 47.6 in July . This is the first reading below the neutral 50-point threshold since July 2021 when the looting and unrest in KwaZulu-Natal and Gauteng hurt output. Electricity supply disruptions were the likely cause of the drop in production last month.
Absa PMI, June 2022
Date Uploaded: Jul 1 2022 11:00AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 52.2 index points in June from 54.8 in May. However, the headline PMI masks a worrying deterioration in demand and activity during the month. The business activity index signalled a
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 52.2 index points in June from 54.8 in May. However, the headline PMI masks a worrying deterioration in demand and activity during the month. The business activity index signalled a contraction in output for a third consecutive month.
Absa PMI, May 2022
Date Uploaded: Jun 1 2022 2:45PM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 4.1 index points to reach 54.8 in May 2022. A month-on-month rebound was expected after the PMI lost more than 9 points the previous month as devastating flooding in KwaZulu-Natal and
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 4.1 index points to reach 54.8 in May 2022. A month-on-month rebound was expected after the PMI lost more than 9 points the previous month as devastating flooding in KwaZulu-Natal and intense load-shedding hurt output and demand in April. However, the index did not recover all the ground lost and the average for the first two months of the second quarter is almost six points below the average recorded in the first quarter.
Absa PMI, April 2022
Date Uploaded: May 3 2022 11:00AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell sharply to 50.7 index points in April 2022. This is the lowest level of the PMI since July 2021 when unprecedented looting and rioting shook local production and demand. As was the case then,
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell sharply to 50.7 index points in April 2022. This is the lowest level of the PMI since July 2021 when unprecedented looting and rioting shook local production and demand. As was the case then, the decline in the headline PMI was due to a sharp drop in the business activity and new sales orders indices, this time amid devastating flooding in parts of KwaZulu-Natal.
Absa PMI, March 2022
Date Uploaded: Apr 1 2022 11:45AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased for a third consecutive month to reach 60.0 in March, up from 58.6 in February. The sustained improvement in the headline PMI bodes well for the continued recovery of the manufacturing
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased for a third consecutive month to reach 60.0 in March, up from 58.6 in February. The sustained improvement in the headline PMI bodes well for the continued recovery of the manufacturing sector after it was dealt a blow in the third quarter of last year. Indeed, the PMI suggests that the sector should record a robust quarterly expansion in the first quarter of this year.
Absa PMI, February 2022
Date Uploaded: Mar 1 2022 11:00AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 58.6 index points in February 2022, following a three-point rise to 57.1 in January. The improvement was driven by increases in all five subcomponents making up the headline PMI, suggesting
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 58.6 index points in February 2022, following a three-point rise to 57.1 in January. The improvement was driven by increases in all five subcomponents making up the headline PMI, suggesting that the manufacturing sector continued to fare well during the second month of the year.
Absa PMI, January 2022
Date Uploaded: Feb 1 2022 11:00AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) recovered from December’s loss of momentum and rose to 57.1 index points in January 2022, following a dip to 54.1 in December 2021. The current level is in line with November’s reading, but above
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) recovered from December’s loss of momentum and rose to 57.1 index points in January 2022, following a dip to 54.1 in December 2021. The current level is in line with November’s reading, but above the average recorded in the fourth quarter of 2021 and reflects a strong start to the year for the manufacturing sector.
Absa PMI, December 2021
Date Uploaded: Jan 7 2022 11:00AM
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.