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KAGISO Manufacturing PMI (South Africa) was reported at 47.4 in May 2014. The reading missed the market consensus of 50.2 by 2.8, coming in below expectations. This represents a decline from the previous value of 50.3.
South Africa KAGISO Manufacturing PMI
Latest Release
47.4
Actual
50.2
Consensus
50.3
Previous
The May 2014 reading fell from the previous value of 50.3. Historically, this indicator is negatively correlated with USD/ZAR (Bullish ZAR) and negatively correlated with EUR/ZAR (Bullish ZAR).
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KAGISO Manufacturing PMI - ZA
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