S&P Global South Africa Purchasing Managers Index (PMI)

Country: South Africa, ZAR
Importance:
Low
Sector: Business
Source: S&P Global
Last release
Actual
51.6
Forecast
51.1
Previous
51.6
Next release
Actual
Coming in 15 days
Forecast
51.4
Previous
51.6
Date (GMT)
Reference
Actual
Forecast
Dec 2022
50.2
50.0
Nov 2022
50.6
49.3
Oct 2022
49.5
50.4
Sep 2022
49.2
52.2
Aug 2022
51.7
52.6
Jul 2022
52.7
51.6
Jun 2022
52.5
50.5
May 2022
50.7
50.8
Apr 2022
50.3
51.1
Mar 2022
51.4
50.9
Feb 2022
50.9
49.6
Jan 2022
50.9
50.0
Dec 2021
48.4
50.1
Nov 2021
51.7
49.6
Oct 2021
48.6
50.3
Sep 2021
50.7
47.9
Aug 2021
49.9
48.4
Jul 2021
46.1
52.1
Jun 2021
51.0
53.5
May 2021
53.2
52.0

Markit PMI is an indicator of business conditions in South Africa, calculated by IHS Markit based on monthly surveys of purchasing managers.

PMI is interpreted as a leading indicator of production and inflation. PMI growth indicates favorable market conditions and it can be seen as positive for the South African rand.

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