Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South AfricaSouth Africa ABSA Manufacturing PMI climbed to 52.6 in April 2026
FMPMonthlyReleased May 2026
South Africa ABSA Manufacturing PMI climbed to 52.6 in April 2026, released May 2026, up 3.6 from March's 49 reading. The print exceeded the 46.7 consensus by 5.9. ABSA Manufacturing PMI has now risen for 3 consecutive months. Over the past 3 months, ABSA Manufacturing PMI averaged 48.2, vs 43.73 in the prior 3-month window. ABSA Manufacturing PMI is now the highest in 18 months.
Latest Release
52.6
Actual
46.7
Consensus
49
Previous
Median Absolute Error
±2.22
across last 12 releases
Last Call
Apr 2026
Predicted: 46.7
Actual: 49
Error: -2.3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.42 | COMMODITIES | Bearish XAU | → View |
| USD/ZAR | ▼ Inverse | −0.34 | FOREX | Bearish USD | → View |
| BTC/USD | ▲ Direct | +0.34 | CRYPTO | Bullish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading rose from the previous value of 49. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±2.22. Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU) and negatively correlated with USD/ZAR (Bearish USD).
SHARE
ABSA Manufacturing PMI - ZA
Loading chart data...
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP