Purchasing managers' index (PMI) · South Africa

South Africa S&P Global PMI

The South Africa S&P Global PMI is a monthly survey of purchasing managers in South Africa that measures whether business activity, new orders, employment and prices are rising or falling.

Wichtigkeit
Medium
Nächste Veröffentlichung
Währung
ZAR · South African rand
Zentralbank
The South African Reserve Bank
Bewegt
EURZAR · USDZAR

Neueste Zahlen

Die letzte Veröffentlichung, für OCT, erschien am 2026-11-05 und lag bei 49.0. Das ist unverändert gegenüber 49.0 beim letzten Mal.

VeröffentlichtFürIstKonsensVorher
5 Nov 2026OCT49.0–49.0
5 Oct 2026SEP49.0–50.5

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

PMIs are among the first data published for each month, weeks before official output figures, and they have a good record of tracking GDP. A reading above 50 means growth, below 50 contraction. Flash (preliminary) PMIs for the major economies can move currencies and stock indices strongly.

So wird gerechnet

Companies answer whether each item (output, new orders, employment, delivery times, stocks of purchases) is higher, the same or lower than a month earlier. Each answer set becomes a diffusion index; the manufacturing headline is a weighted average of five of them, the services headline is the activity question.

Diffusion index = % higher + ½ × % same
Manufacturing PMI = 0.30 new orders + 0.25 output + 0.20 employment + 0.15 delivery times (inverted) + 0.10 stocks

Was Veränderungen bedeuten

  • Above 50 and rising: an accelerating economy, supportive for the South African rand and local stocks.
  • The composite PMI combines manufacturing and services and is the best single guide to GDP.
  • Look at new orders (future activity) and prices charged (inflation pressure).

Höher als erwartet: A stronger figure than expected points to a healthier economy: it usually supports the South African rand and local stocks, and can push bond yields up.

Niedriger als erwartet: A weaker figure than expected points to slowing activity: the South African rand tends to soften and markets price in lower rates.

Eine kurze Geschichte

The PMI method comes from the US purchasing managers' survey of the 1940s; the PMIs now produced for more than 40 countries started in the UK in 1992 and spread across Europe and Asia in the following decades.

Fragen

What is the South Africa S&P Global PMI?

The South Africa S&P Global PMI is a monthly survey of purchasing managers in South Africa that measures whether business activity, new orders, employment and prices are rising or falling.

What was the latest South Africa S&P Global PMI?

49.0 for OCT, published on 5 November 2026.

When is the next South Africa S&P Global PMI?

On Thursday 3 December 2026 at 07:15 UTC.

Why is 50 the key level of a PMI?

It is the point where as many companies report improvement as report deterioration: above it, activity is growing.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.