The purchasing managers’ index has dropped to 50.5 for December, the weakest it has been in three months.
The rand was volatile as it anticipated Tuesday’s release of data on the current-account deficit.
HSBC has launched South Africa’s first purchasing managers index that looks at the whole economy, and it revealed the country is growing.
The ECB takes centre stage this week as officials gather for a critical policy meeting. Will it cut rates or announce plans to assist Spain and Italy?
This week’s purchasing managers’ index figures for 26 countries – including SA – are likely to point to a slowing global economy, writes Matt Quigley.
South Africa’s purchasing managers’ index in April has fallen to 53.7 from 55.1 in March, declining for the second straight month.
The seasonally adjusted Kagiso PMI posted strong gains in February, rising by 4.7 index points to 57.9 — the highest level since February 2010.
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/ 18 January 2012
South Africa’s purchasing manager’s index has dropped from 51.6 in November to 49.4 in December — a first move below the 50 level since August 2011.
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/ 1 November 2011
The latest manufacturing figures point to a weak manufacturing sector, which doesn’t bode well with Christmas around the corner.
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/ 1 September 2011
The purchasing managers’ index rose to a seasonally adjusted 46.7 in August from a two-year low of 44.2 in July, sponsor Kagiso said on Thursday.
South Africa’s Purchasing Managers’ Index fell to 53.9 in June from 55.1 in May, sponsor Kagiso Securities has said.
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/ 10 February 2011
Growth in South Africa’s manufacturing output slowed to just 0,2% on the year in December and was far below analysts forecasts.
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/ 1 November 2010
The Kagiso purchasing managers’ index (PMI), a gauge of the manufacturing sector’s health, was neutral for October.
Global services growth geared down a notch in June, supporting the view in markets that emerging and developed economies are set to cool off.
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/ 18 January 2010
SA’s PMI rose for the fifth month in a row in December as the pace of recovery in the manufacturing sector picked up, data showed on Monday.
The seasonally adjusted Kagiso Purchasing Managers Index for September showed a huge increase of 8,7 index points.
The seasonally adjusted PMI — which measures the level of activity in the manufacturing sector — fell to a record low in February.
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/ 1 December 2008
SA’s purchasing managers index fell to a record low in November, data showed on Monday, reinforcing calls for a cut in interest rates.
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/ 3 November 2008
South Africa’s purchasing managers index (PMI) dipped to 46,2 in October from an upwardly revised 47,7 in September.
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/ 1 September 2008
South Africa’s Purchasing Managers Index (PMI) climbed to 47 in August from a record low of 42,8 in July, on new sales orders and business activity.
South Africa’s purchasing managers index (PMI) fell to a record low in July, pointing to growing pressure on manufacturing activity.