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    South African private sector activity expands slightly in August, PMI shows

    South African private sector activity expanded slightly in August as higher new orders supported output and purchasing, a business survey showed last week.
    By Johannesburg bureau
    7 Sep 2026
    Source: Reuters.
    Source: Reuters.

    • The S&P Global South Africa Purchasing Managers' Index (PMI) rose to 50.5 in August from 50.3 in July.

    • The 50 mark separates growth from contraction.

    • New orders increased marginally, with surveyed businesses reporting larger orders, successful tenders and rising sales as customer finances improved.

    • Output expanded for a second month and at the strongest pace since April. Purchasing activity also rose at the quickest rate since March, helping lift input stocks at the fastest pace in four months.

    • Export sales were only just in positive territory and hit a three-month low, the survey showed.

    • "Survey comments suggest that business expectations also rely on a recovery of both domestic and external economic conditions, implying the path to stronger growth remains unclear," said S&P Global Market Intelligence senior economist David Owen.

    Read more: Johannesburg bureau, South Africa economic growth
    Share this article

    Source: Reuters

    Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

    Go to: https://www.reuters.com/
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