Absa PMI
Absa PMI (History Data), 2021
Last updated: Mar 1 2021 10:03AM
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, 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.
Absa PMI, August 2020
Last updated: Sep 1 2020 10:26AM
The Absa Purchasing Managers’ Index (PMI) posted a robust increase to 57.3 index points in August, up from 51.2 in July. This points to a further improvement in conditions in the manufacturing sector as South Africa’s COVID-19 lockdown restrictions eased
read moreThe Absa Purchasing Managers’ Index (PMI) posted a robust increase to 57.3 index points in August, up from 51.2 in July. This points to a further improvement in conditions in the manufacturing sector as South Africa’s COVID-19 lockdown restrictions eased further to Level 2 in August. As a result, both business activity and new sales orders rose in August. The improvement in demand was not only due to South Africa moving to a lower lockdown level, but was also supported by an uptick in export orders.
Absa PMI, July 2020
Last updated: Aug 3 2020 12:03PM
The Absa Purchasing Managers’ Index (PMI) for July declined slightly compared to the previous month, but continued to signal a further month-on-month improvement for conditions in the manufacturing sector. The PMI declined to 51.2 index points in July from
read moreThe Absa Purchasing Managers’ Index (PMI) for July declined slightly compared to the previous month, but continued to signal a further month-on-month improvement for conditions in the manufacturing sector. The PMI declined to 51.2 index points in July from 53.9 in June, thereby staying above the neutral 50-point mark for a third consecutive month.