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South Africa Manufacturing Purchasing Managers Index (PMI)

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South Africa Manufacturing Purchasing Managers Index (PMI)

Frequency

Delivery Method

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Status

 
Latest Release
Jan 09, 2019
Actual
50.7
Previous
49.5
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.
Importance:
Country:
Currency: ZAR
Source: Statistics South Africa Head O...
South Africa Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Jan 09, 2019 11:00 50.7   49.5
Dec 03, 2018 11:00 49.5   42.4
Nov 01, 2018 11:00 42.4   44.5
Oct 01, 2018 11:30 43.2   43.4
Sep 03, 2018 11:00 43.4   51.5
Aug 01, 2018 11:00 51.5   47.9

Analysis

James Paynter
Rand Tanks...Despite the End of Recession By James Paynter - Dec 11, 2018 2

A rosy November suddenly seems a long time away from a battling Rand... The plague of Eskom, Land Expropriation and political disunity continued to hurt the local currency... ...not to mention the...

Manufacturing PMI Discussion

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