Kagiso Purchasing Managers Index - August 2011

01 September 2011

Executive Summary

The seasonally adjusted Kagiso PMI increased by 2.5 points to 46.7 index points during August, but remained below the key 50 point mark for the second month in a row.

The business activity index, which plunged by more than 19 points in July, recovered by 10.7 points to 46.6 during August, but still remained significantly below the strong reading of 55.2 recorded back in June. In line with the improved activity, the employment index rose by 4 index points, but at 43.1 remained at a level consistent with a weak factory sector job market.


Download: kagiso_pmi_august_2011.pdf