Manufacturing PMI in South Africa increased to 51.50 in May from 44.70 in April of 2017. Manufacturing PMI in South Africa averaged 51.48 from 1999 until 2017, reaching an all time high of 64.20 in July of 2006 and a record low of 34.20 in April of 2009. The Absa Manufacturing PMI is a monthly survey of purchasing managers in South Africa’s manufacturing sector. The index provides leading indications of business conditions in the sector. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining. This page provides the latest reported value for – South Africa Manufacturing PMI – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
June 01, 2017 at 02:09PM
from Bureau for Economic Research (BER)
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