empty

01.06.202609:13:34UTC+00South Africa Factory Activity Growth Cools: Absa

South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) eased to 50.8 in May 2026 from 52.6 in April, signaling a second consecutive month of expansion but at a much slower pace than the strong improvement seen previously. The loss of momentum largely reflected demand that had been brought forward into April, softer new orders, and rising input costs linked to a weaker rand and higher oil prices. Output slipped back into contraction, with the production index dropping to 43.5 from 52.8, while new sales orders also moved lower, falling to 44.6 from 52.9. In contrast, sentiment toward the outlook improved, with the index measuring expected business conditions in six months climbing to 52.9 from 47.4 in the previous month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Le trading d'options n'est pas disponible sur le territoire de la Fédération de Russie
Can't speak right now?
Ask your question in the chat.
Widget callback