PMI

Following two months of improvement, the seasonally adjusted Kagiso PMI suffered a setback in September as the index declined below the 50 mark to 48.4, the kagiso website reports. The September decline helped to push the average PMI down to 49.4 index points during 2010Q3 compared to 51.6 in Q2. A worrying development in September was […]

The seasonally adjusted Kagiso PMI reached 50.3 index points during August . The rise above the critical 50 mark followed two consecutive months where the PMI suggested that the manufacturing sector was contracting, the Kagiso website reports. “The new sales orders index increased by 3.5 points to move back above the key 50 level, indicating

The seasonally adjusted Kagiso PMI experienced a modest improvement in July, gaining 1.1 index points to 49.5, reports the Kagiso website. While the level of the index indicates that the manufacturing sector remains under pressure, a less pessimistic way of looking at the numbers is that it is the first time in five months that

The seasonally adjusted Kagiso Purchasing Managers Index (PMI) declined below the all-important 50 index point mark in June to reach 48.4, the first reading of less than 50 since October 2009, reports the Kagiso website. After reaching a peak of 60.4 in February 2010, the PMI has now declined for four months in a row.