South African ABSA Manufacturing PMI (Apr) 52.6 (Prev. 49)

The South African ABSA Manufacturing PMI for April rose to 52.6 from a previous reading of 49, indicating a shift into expansionary territory.

Newsquawk StaffPublished 4 May 2026, 09:20 UTCOn the live feed at 09:00 UTC — 1 more headline followed before this page went public

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South African ABSA Manufacturing PMI (Apr) 52.6 (Prev. 49)

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[MARKET ANALYSIS] G10 mixed against the USD, JPY pares back towards 157 (vs 155.70 trough) with traders on intervention watch

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Context

This improvement suggests strengthening business confidence and could imply potential upsides for economic growth, which may influence monetary policy discussions in South Africa.

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