South Africa Manufacturing PMI

Last Release

Apr 30, 2025

Actual

44.7

Units In

Points

48.7

Frequency

Monthly

Next Release

Jun 02, 2025

Time to Release

29 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
60 Mar 2022	30.67 Apr 2020	50.74 Points	1999-2025	Bureau for Economic Research (BER)

The Absa Manufacturing PMI is a monthly survey of purchasing managers in South Africa's manufacturing sector. The index provides leading indications of business conditions in the sector. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining.

Latest Updates

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) for South Africa dropped to 44.7 in April 2025 from 48.7 in March, indicating the sixth consecutive month of contraction in the country's factory activity and sharp overall. Survey respondents cited global trade tensions, domestic political uncertainty, excessive rainfall, and the return of scheduled power cuts as key drivers of negative sentiment. "Global tariff developments and local political uncertainty because of the VAT saga and open disagreements within the government likely weighed on sentiment," Absa said.