The Purchasing Managers Index (PMI) rose by 3.2 points to reach 49.5 index points in September. However, the September reading, as well as the average for Q3 2016, are below the neutral 50-point mark. The average reading for Q3 is well below the Q2 average, suggesting a slowdown in actual quarter-on-quarter manufacturing production growth […]
PMI up by 3.2 points Read More »
The seasonally adjusted Barclays Purchasing Managers’ index (PMI) declined by 6.2 index points to reach 46.3 in August 2016. The magnitude of the drop was somewhat surprising after the PMI remained above the neutral 50-point mark during the preceding five months, said the Bureau for Economic Research (BER).
PMI down in 2 consecutive months Read More »
The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) fell by 1.2 index points to 52.5 in July. Despite the slight drop, the current level still signals that the sector experienced a reasonably strong start to Q3 2016 after a robust performance during Q2, reports the Bureau for Economic Research. The PMI remains in line with
PMI down 1.2 points, but began Q3 strong Read More »
Manufacturing optimism increased to 53.7 index points in June from 51.9 in May, surprising economists who had expected it to fall to 50.46, a Barclays-sponsored poll of purchasing managers, released on Friday, showed. June marked the fourth month the purchasing managers index (PMI) remained above 50 points.
Manufacturing optimism – PMI up almost two points Read More »
The Purchasing Managers’ Index (PMI) lost some of the ground it gained in April, falling back to 51.9 index points in May – a decrease of 3 index points from April’s 54.9 index points. Despite the drop, the headline PMI managed to remain above the neutral 50-point mark for a third straight month. As
PMI recovers to realistic level after April’s “overstated high” Read More »
The South African Purchasing Managers’ Index (PMI) continued its recent upward move and reached 54.9 index points in April. The PMI rose from 50.5 in March and is now more than 10 points above the level recorded just three months ago, noted the Bureau for Economic Research (BER). The new sales orders index rose
PMI improved strongly in April – surged 4.4 index points Read More »
South Africa’s Purchasing Manager’s Index (PMI) rose to 50.5 index points in March 2016. This is the first time since July 2015 that the index managed to edge above the neutral 50-point mark, signalling a possible expansion in the sector. While the improvement in March is encouraging, the average reading for Q1 2016 (47) is
PMI continues climb in March Read More »
South Africa’s Purchasing Managers’ Index (PMI) increased to 47.1 index points in February 2016, up from 43.5 in January. The highest level since October 2015, the index is now above the average recorded in 2015’s fourth quarter (Q4) of 45.6 index points.
February PMI above 2015’s Q4 average Read More »
The South African manufacturing sector started 2016 on the back foot as the seasonally adjusted Barclays purchasing managers’ index (PMI) fell by 2 index points to 43.5 in January. This is more than 5 index points below the average level recorded in 2015. According to Miyelani Maluleka, economist at Barclays Africa the index suggests
PMI down 2 points – unlikely to pick up soon Read More »
The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) rose to 45.5 index points in December 2015, up from a more than six-year low of 43.3 points in November. Despite the uptick in December, the average of 45.6 index points for Q4 2015 was 4.5 index points below the level recorded in Q3 2015, which suggests
PMI up 2.2 points in December, but production still under Q3 2015 levels Read More »
