South African Manufacturing PMI Falls to 40.5 in December, Steepest Contraction Since April 2020
JOHANNESBURG, 8 January 2026. South Africa's seasonally adjusted Absa Purchasing Managers' Index fell to 40.5 in December 2025 from 42.0 in November, marking the steepest month-on-month contraction in the manufacturing sector since April 2020, according to data published by Absa Bank on Thursday.