Top Tweets for #AbsaPMI
SA’s factory mood sours as production momentum slows. https://t.co/5vuhqpwzzH #ABSApmi #Manufacturing
[TOP STORY] A gauge of South African manufacturing sentiment fell further in May, with survey respondents citing persistent logistical issues that have held back demand.
Read more: https://t.co/y2CMpuKzka
#CNBCAfrica #DSTV410 #SouthAfrica #Manufacturing #ABSAPMI #PMI
![cnbcafrica's tweet photo. [TOP STORY] A gauge of South African manufacturing sentiment fell further in May, with survey respondents citing persistent logistical issues that have held back demand.
Read more: https://t.co/y2CMpuKzka
#CNBCAfrica #DSTV410 #SouthAfrica #Manufacturing #ABSAPMI #PMI https://t.co/6Yb1Bd056d](https://pbs.twimg.com/media/Gsbu8fKWQAAZPTt.jpg)
Manufacturing activity drops in March, but it's not all bad news
#TheMoneyShow #AbsaPMI #Manufacturing
https://t.co/TEkYV8I3Md
While the #AbsaPMI edged down just slightly in July from June, the headline number masks some "stark" realities.
#TheMoneyShow is sponsored by @AbsaSouthAfrica
#TruckAttacks
https://t.co/zyBqnIBJrs
From 47.6 in June, the #AbsaPMI decreased to 47.3 points in July 2023. This stability masks substantial changes in some of the major PMI subcomponents. #AfricaExpertise
From 49.2 in May, the #AbsaPMI decreased to 47.6 points in June 2023. This is the lowest level since mid-2021. For the first time since 2018, all five subcomponents used to calculate the headline PMI were below the neutral 50-point level. #AfricaExpertise
From 49.8 in April, the #AbsaPMI decreased to 49.2 points in May 2023. In addition to the downbeat assessment of the current environment, respondents turned notably more negative about business conditions going forward. #AfricaExpertise
From 48.1 in March, the #AbsaPMI rose to 49.8 points in April 2023. Despite the improvement, the index failed to edge back above the neutral 50-point mark as business activity and new sales orders worsened relative to March. #AfricaExpertise
From 48.8 in February, the #AbsaPMI ticked down to 48.1 points in March 2023. After a solid start to the year, this was the second straight month that the index pointed to a deterioration in business conditions in the manufacturing sector.
#AfricaExpertise
From 53.0 in January the #AbsaPMI decreased to 48.8 points in February 2023. This was the first time since September 2022 that the headline index fell below the neutral 50-point mark. #AfricaExpertise
From 53.1 in December the #AbsaPMI decreased to 53.0 points in January 2023. A decline in employment and new sales orders indices to levels below 50 were offset by higher activity and inventories returning to positive terrain. #AfricaExpertise
The #AbsaPMI purchasing price index moved sharply lower in December 2022. This bodes well for a further moderation in producer price inflation in the first months of 2023. Full PMI report: https://t.co/fcUGokl3D4
The seasonally adjusted #AbsaPMI increased from 52.6 index points in November to 53.1 points in December 2022. While the headline number is positive, the underlying picture is more mixed. #AfricaExpertise
From 50 in October the #AbsaPMI increased to 52.6 points in November 2022 and an average level of 49.6 was recorded in the third quarter. On its own, this suggests that the manufacturing sector could book another slight expansion in the fourth quarter. #AfricaExpertise
From 48.2 in September, the #AbsaPMI increased to 50 points in October 2022. This is slightly better than the average recorded during the previous quarter (49.6). #AfricaExpertise
From 52.1 in August, the #AbsaPMI declined to 48.2 points in September 2022 and averaged 49.3 points in Q3. More intense load-shedding during the month was likely to blame for the decline relative to August. #AfricaExpertise
From 47.6 in July, the #AbsaPMI ticked up to 52.1 points in August 2022. While headline producer price inflation (PPI) for final manufactured goods remains very high, the PMI suggests that the cost pressure at the start of the pipeline has moderated. #AfricaExpertise
The further decline in #AbsaPMI suggests that the 🇿🇦manufacturing sector experienced a tough start to Q3 following a weak Q2. The headline index fell from 52.2 points in June to 47.6 in July 2022. https://t.co/bXERUWRsur
From 52.2 in June, the #AbsaPMI continued to decline to 47.6 index points in July 2022. Electricity supply disruptions were the likely cause of the drop in production last month. #AfricaExpertise
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