Purchasing Managers Index
latest news & developments
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
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.
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?
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.