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Mail & Guardian
purchasing managers indexlatest news & developments
Growth was supported by increases in eight of 10 key industries, with major contributions coming from mining, manufacturing, trade and agriculture, while declines were reported in the transport and construction sectors.
(David Harrison)

July manufacturing output hit by Covid-19 third wave and unrest

In mid-July, supply chains and industrial output were disrupted when parts of the country were rocked by looting, triggered by protests against Zuma’s incarceration

Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated. (David Harrison/M&G)

SA’s PMI drops to 50.5 for December

The purchasing managers’ index has dropped to 50.5 for December, the weakest it has been in three months.

Rand fluctuates ahead of current-account deficit data

The rand was volatile as it anticipated Tuesday’s release of data on the current-account deficit.

HSBC’s new PMI index shows growth in SA

HSBC has launched South Africa’s first purchasing managers index that looks at the whole economy, and it revealed the country is growing.

People hold a reading “No cuts in health” as they take part in a demonstration against the Spanish government’s latest austerity measures.

Economic week ahead: Put up or shut up

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?

Increased unemployment benefit payments are already putting pressure on Spain’s Rajoy’s budget.

Economic week ahead: Buyers and bankers slow things down

This week’s purchasing managers’ index figures for 26 countries – including SA – are likely to point to a slowing global economy, writes Matt Quigley.

SA’s PMI drops to 53.7 in April

South Africa’s purchasing managers’ index in April has fallen to 53.7 from 55.1 in March, declining for the second straight month.

Purchasing managers index rises to two-year high

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.

Purchasing managers’ index drops

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.

Weak PMI figures signal economic stagnancy

The latest manufacturing figures point to a weak manufacturing sector, which doesn’t bode well with Christmas around the corner.

August purchasing index rises slightly

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.

PMI falls for third straight month in June

South Africa’s Purchasing Managers’ Index fell to 53.9 in June from 55.1 in May, sponsor Kagiso Securities has said.

SA’s December manufacturing output disappoints

Growth in South Africa’s manufacturing output slowed to just 0,2% on the year in December and was far below analysts forecasts.

Manufacturing sector flat in October

The Kagiso purchasing managers’ index (PMI), a gauge of the manufacturing sector’s health, was neutral for October.

Service growth gears down, stokes double-dip fear

Global services growth geared down a notch in June, supporting the view in markets that emerging and developed economies are set to cool off.

PMI rises for fifth month, recovery on track

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.

September PMI posts massive gain

The seasonally adjusted Kagiso Purchasing Managers Index for September showed a huge increase of 8,7 index points.

Manufacturing sector takes strain

The seasonally adjusted PMI — which measures the level of activity in the manufacturing sector — fell to a record low in February.

November PMI falls to record low, backs rate cut

SA’s purchasing managers index fell to a record low in November, data showed on Monday, reinforcing calls for a cut in interest rates.

PMI dips to 46,2 in October

South Africa’s purchasing managers index (PMI) dipped to 46,2 in October from an upwardly revised 47,7 in September.