The seasonally-adjusted Absa Purchasing Managers’ Index (PMI) fell further below the neutral 50-point mark in June. The index lost 1.9 points to reach 47.9, down from May’s 49.8 points. The dip means that the average level recorded during Q2 of 2018 is only 0.3 points above Q1 of 2018’s average and still below the key …
June PMI falls further, dragged by sentiment around expected business conditions Read More »
The Purchasing Managers’ Index (PMI) rose to 49.9 index points in January. This is the best reading since May 2017 and the 5-point rise counters the 3.7-point slump experienced in December 2017. The January PMI suggests that the local manufacturing sector began the year on relatively solid ground compared with recent readings, noted the Bureau …
The Purchasing Managers’ Index (PMI) managed to hold on to recent gains and dipped only slightly lower in March 2017. The index declined to 52.2 points from February’s 52.5 points, remaining above the neutral 50-point mark for a third straight month, noted the Bureau for Economic Research (BER).
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 …
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).
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 …
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 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.
