South Africa Manufacturing Purchasing Managers Index (PMI)

ZAR
Actual
56.8
Previous
57.9
Latest Release
Oct 01, 2021
Importance
Overview
Industrial Production is a fixed-weight measure of physical output of the nation's factories, mines and utilities. Monthly percent changes in the index reflect the rate of change in output. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector.The total index measures the change in the volume of production of manufacturing, mining, construction and electricity, gas and water industries.This is a useful indicator of the economy because it is more current compared to the GNP and reported every month.
A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Oct 01, 2021 11:00 56.8 -
57.9
Sep 01, 2021 11:00 57.9 -
43.5
Aug 02, 2021 11:00 43.5 -
57.4
Jul 01, 2021 11:00 57.4 -
56.2
May 03, 2021 11:00 56.2 -
57.4
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