South Africa October Kagiso Manufacturing PMI

Following is a summary of the October manufacturing purchasing managers’ index for South Africa from Kagiso Securities Ltd. in Johannesburg:

=============================================================================
                               Oct.  Sept.   Aug.   July   June    May  April
                               2011   2011   2011   2011   2011   2011   2011
=============================================================================
PMI SA                         50.5   50.2   48.2   46.4   54.2   54.9   55.5
Business activity*             50.9   51.3   48.7   38.3   55.7   56.5   57.4
New sales orders*              51.6   50.3   46.5   52.0   57.5   60.0   59.6
Backlog of sales orders        49.0   45.7   38.1   43.2   40.3   43.8   39.2
Inventories*                   51.1   53.1   53.9   52.9   58.8   56.2   61.2
Purchasing commitments         55.4   54.3   45.0   45.8   52.6   56.8   53.8
Expected Business Conditions   62.4   60.8   53.7   59.5   64.3   66.7   58.1
Suppliers’ performance*        53.6   54.5   52.6   53.1   50.3   49.9   50.1
Prices                         82.1   73.9   75.2   75.0   76.0   80.0   82.9
Employment*                    45.6   43.9   44.0   39.7   48.0   48.5   48.2
PMI NSA                        57.0   55.6   47.3   42.3   50.8   53.2   51.8
=============================================================================
NOTE: Anything above 50 indicates expansion; below 50, a contraction.
      The greater the divergence from 50, the greater the rate of change.
      * = Seasonally adjusted using Census X12.

Source: Kagiso Securities Ltd.

To contact the reporter on this story: Simbarashe Gumbo in Johannesburg at sgumbo3@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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