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ABSA Manufacturing PMI (South Africa) was reported at 49 in April 2026. The reading beat the market consensus of 46.6 by 2.4, coming in above expectations. This represents an increase from the previous value of 47.4. Historically, this indicator is negatively correlated with USD/ZAR (Bullish ZAR) and negatively correlated with EUR/ZAR (Bullish ZAR).
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| Monday, May 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | ABSA Manufacturing PMI | 49 | 46.7 | 49.55 | Low | ||