ABSA PMI
Absa PMI (History Data), 2018
Last updated: Sep 3 2018 10:46AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined from a solid 51.5 points recorded in July to 43.4 in August. This is the lowest level in just over a year. The deterioration was driven by sharp declines in the new sales orders index as
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined from a solid 51.5 points recorded in July to 43.4 in August. This is the lowest level in just over a year. The deterioration was driven by sharp declines in the new sales orders index as well as the business activity index. However, inventories and supplier deliveries came in above the neutral 50-point mark in August, which provided some support to the headline PMI. Overall, the average level of the PMI recorded during the first two months of the third quarter was 47.5, which is below the neutral 50-point mark and two points below the average recorded in the second quarter.
Absa PMI, August 2018
Last updated: Sep 3 2018 10:47AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined from a solid 51.5 points recorded in July to 43.4 in August. This is the lowest level in just over a year. The deterioration was driven by sharp declines in the new sales orders index as
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined from a solid 51.5 points recorded in July to 43.4 in August. This is the lowest level in just over a year. The deterioration was driven by sharp declines in the new sales orders index as well as the business activity index. However, inventories and supplier deliveries came in above the neutral 50-point mark in August, which provided some support to the headline PMI. Overall, the average level of the PMI recorded during the first two months of the third quarter was 47.5, which is below the neutral 50-point mark and two points below the average recorded in the second quarter.
Absa PMI, July 2018
Last updated: Aug 1 2018 10:45AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 51.5 index points in July, up from 47.9 in June. The current level is comfortably above the neutral 50-point mark and is supported by four out five of the key subcomponents being in
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 51.5 index points in July, up from 47.9 in June. The current level is comfortably above the neutral 50-point mark and is supported by four out five of the key subcomponents being in positive terrain. This suggests that the manufacturing sector got off to a good start in the first month of the third quarter of 2018.
Absa PMI, June 2018
Last updated: Jul 2 2018 8:13AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell further below the neutral 50-point mark in June. The index lost 1.9 points to reach 47.9, down from 49.8 points in May. The dip means that the average level recorded during the second quarter
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell further below the neutral 50-point mark in June. The index lost 1.9 points to reach 47.9, down from 49.8 points in May. The dip means that the average level recorded during the second quarter is only 0.3 points above the first-quarter average and still below the key 50 level. This suggests that the sector is unlikely to stage a solid recovery after output contracted on a quarter-on-quarter basis in the first quarter.
Absa PMI, May 2018
Last updated: Jun 1 2018 10:47AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) dipped back to just below the neutral 50-point mark in May. The index declined to 49.8 index points, down from 50.9 in April. Despite the fall, the average level of 50.4 points recorded during the
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) dipped back to just below the neutral 50-point mark in May. The index declined to 49.8 index points, down from 50.9 in April. Despite the fall, the average level of 50.4 points recorded during the first two months of the second quarter is not only above the neutral 50-point mark, but also higher than the 49.2 index points registered in the first quarter. This bodes well for a recovery in the manufacturing sector, after manufacturing output contracted on a quarter-on-quarter basis in the first quarter of 2018.
Absa PMI, April 2018
Last updated: May 2 2018 10:37AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased the losses sustained in March and edged back above the neutral 50-point mark in April. The index rose by 4 points to reach 50.9 index points in April. This is more or less in line with the
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased the losses sustained in March and edged back above the neutral 50-point mark in April. The index rose by 4 points to reach 50.9 index points in April. This is more or less in line with the level recorded in February and above the average recorded during the first three months of the year.
Absa PMI, March 2018
Last updated: Apr 3 2018 9:53AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) dropped back below the neutral 50-point mark in March after encouraging improvements during the first two months of the year. The index shed 3.9 points to reach a level of 46.9 in March from 50.8
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) dropped back below the neutral 50-point mark in March after encouraging improvements during the first two months of the year. The index shed 3.9 points to reach a level of 46.9 in March from 50.8 in February.
Absa PMI, February 2018
Last updated: Mar 1 2018 10:39AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged above the neutral 50-point mark for the first time since May 2017. The index rose to 50.8 index points in February, up from 49.9 in January. This means that the average for the first two
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged above the neutral 50-point mark for the first time since May 2017. The index rose to 50.8 index points in February, up from 49.9 in January. This means that the average for the first two months of 2018 is slightly above 50, which bodes well for the manufacturing sector.
Absa PMI, January 2018
Last updated: Feb 1 2018 10:44AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 49.9 index points in January. This is the best reading since May 2017 and the 5-point rise more than makes up for the 3.7-point slump experienced in December. The January PMI suggests that
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to 49.9 index points in January. This is the best reading since May 2017 and the 5-point rise more than makes up for the 3.7-point slump experienced in December. The January PMI suggests that the local manufacturing sector started the year on relatively solid ground compared to recent readings.
Absa PMI, December 2017
Last updated: Jan 12 2018 8:59AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 44.9 points in December 2017 from 48.6 in November. The drop came after four consecutive months of improvements. The deterioration was broad based with all five subcomponents of the
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 44.9 points in December 2017 from 48.6 in November. The drop came after four consecutive months of improvements. The deterioration was broad based with all five subcomponents of the headline index falling compared to November’s level. The dismal PMI reading suggests that the South African manufacturing sector ended the year on the back foot.