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South Africa Manufacturing Purchasing Managers Index (PMI)

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South Africa Manufacturing Purchasing Managers Index (PMI)

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Latest Release
Oct 01, 2024
Actual
52.8
Previous
43.6
Industrial Production is a fixed-weight measure of physical output of the nation's factories, mines and utilities. Monthly percent changes in the index reflect the rate of change in output. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector.The total index measures the change in the volume of production of manufacturing, mining, construction and electricity, gas and water industries.This is a useful indicator of the economy because it is more current compared to the GNP and reported every month.
A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Importance:
Country:
Currency: ZAR
Source: Statistics South Africa Head O...
South Africa Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Oct 01, 2024 (Sep) 04:00 52.8   43.6
Sep 02, 2024 (Aug) 04:00 43.6   52.4
Aug 01, 2024 04:00 52.4   45.7
Jul 01, 2024 04:00 45.7   43.8
Jun 03, 2024 04:00 43.8   54.0
May 02, 2024 04:00 54.0   49.2

News

South Africa manufacturing PMI 50.8 vs. 46.0 forecast
South Africa manufacturing PMI 50.8 vs. 46.0 forecast By Investing.com - Jun 01, 2015

Investing.com - Manufacturing activity in South Africa rose more-than-expected in the last quarter, official data showed on Monday.In a report, Statistics South Africa Head Office said that South...

South Africa manufacturing PMI 45.4 vs. 47.6 forecast
South Africa manufacturing PMI 45.4 vs. 47.6 forecast By Investing.com - May 04, 2015

Investing.com - Manufacturing activity in South Africa fell more-than-expected in the last quarter, official data showed on Monday.In a report, Statistics South Africa Head Office said that South...

South Africa manufacturing PMI 47.9 vs. 48.0 forecast
South Africa manufacturing PMI 47.9 vs. 48.0 forecast By Investing.com - Apr 01, 2015

Investing.com - Manufacturing activity in South Africa rose less-than-expected in the last quarter, official data showed on Wednesday.In a report, Statistics South Africa Head Office said that South...

Analysis

Craig Erlam
Jobs Report Eyed By Craig Erlam - Oct 02, 2022

It remains all about the Fed as it continues down an aggressive tightening path. Wall Street will now fixated on how quick this economy is going to weaken. A weakening consumer will help drive down...

Manufacturing PMI Discussion

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All Comments (1)
Amajuba Inceku
Amajuba Inceku Mar 02, 2015 11:29PM ET
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The high cost of Electricity is a huge problem for South African manufacturing.. Another problem is companies employing to achieve BEEE points, instead of the best fit personnel.
 
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