Absa PMI
Absa PMI, September 2023
Date Uploaded: Oct 2 2023 11:00AM
Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa PMI, which declined by 4.3 points in September to 45.4.
Absa PMI (History Data)
Date Uploaded: Oct 2 2023 11:00AM
Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa PMI, which declined by 4.3 points in September to 45.4.
Absa PMI, August 2023
Date Uploaded: Sep 1 2023 11:00AM
The Absa PMI improved somewhat in August, rising by 2.4 points to 49.7, i.e., to just below the key 50-point mark. The increase in the headline PMI was driven by the business activity index, which jumped by almost 12 points to 50.
read moreThe Absa PMI improved somewhat in August, rising by 2.4 points to 49.7, i.e., to just below the key 50-point mark. The increase in the headline PMI was driven by the business activity index, which jumped by almost 12 points to 50.
Absa PMI, July 2023
Date Uploaded: Aug 1 2023 11:00AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) was marginally lower in July at 47.3 index points (47.6 in June). However, this stability masks substantial changes in some of the major PMI subcomponents.
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) was marginally lower in July at 47.3 index points (47.6 in June). However, this stability masks substantial changes in some of the major PMI subcomponents.
Absa PMI, June 2023
Date Uploaded: Jul 3 2023 11:00AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by 1.6 index points to 47.6 in June 2023. A key drag on the sector seems to come from weak demand, with the new sales orders index edging down once again as the decline in export sales
read moreThe seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by 1.6 index points to 47.6 in June 2023. A key drag on the sector seems to come from weak demand, with the new sales orders index edging down once again as the decline in export sales deepened and domestic demand remains under pressure.
Absa PMI, May 2023
Date Uploaded: Jun 1 2023 11:00AM
The Absa PMI edged down to 49.2 in May 2023 from 49.8 in April. The headline index has now signalled a deterioration in business conditions for four consecutive months. In addition to the downbeat assessment of the current environment, respondents turned
read moreThe Absa PMI edged down to 49.2 in May 2023 from 49.8 in April. The headline index has now signalled a deterioration in business conditions for four consecutive months. In addition to the downbeat assessment of the current environment, respondents turned notably more negative about business conditions going forward.
Absa PMI, April 2023
Date Uploaded: May 2 2023 11:00AM
The Absa PMI rose to 49.8 index points in April 2023 from 48.1 in March. Despite the improvement, the index failed to edge back above the neutral 50-point mark as business activity and new sales orders worsened relative to March. Indeed, the headline PMI
read moreThe Absa PMI rose to 49.8 index points in April 2023 from 48.1 in March. Despite the improvement, the index failed to edge back above the neutral 50-point mark as business activity and new sales orders worsened relative to March. Indeed, the headline PMI would have deteriorated further if not for a significant improvement in the inventories index. The underlying survey results suggest that the sector experienced another tough month at the start of the second quarter amid intense load-shedding hurting output, and demand remaining under pressure.
Absa PMI, March 2023
Date Uploaded: Apr 3 2023 11:00AM
The Absa PMI ticked down slightly in March to 48.1 from 48.8 in February. After a solid start to the year, this was the second straight month that the index pointed to a deterioration in business conditions in the manufacturing sector. Still, when considering
read moreThe Absa PMI ticked down slightly in March to 48.1 from 48.8 in February. After a solid start to the year, this was the second straight month that the index pointed to a deterioration in business conditions in the manufacturing sector. Still, when considering the performance of the business activity index through the entire first quarter, it suggests that output could improve from the quarterly contraction recorded in the fourth quarter of 2022.
Absa PMI, February 2023
Date Uploaded: Mar 1 2023 11:00AM
After surprising on the upside in January, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 48.8 index points in February. This was the first time since September 2022 that the headline index fell below the neutral 50-point mark,
read moreAfter surprising on the upside in January, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 48.8 index points in February. This was the first time since September 2022 that the headline index fell below the neutral 50-point mark, pointing to a marked deterioration in business conditions in the factory sector.
Absa PMI, January 2023
Date Uploaded: Feb 1 2023 11:00AM
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) came in at 53.0 index points in January 2023 – virtually unchanged from 53.1 in December.