{"id":13056,"date":"2012-08-01T13:53:08","date_gmt":"2012-08-01T11:53:08","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/s-africas-pmi-recovers-to-51-in-july-outlook-weak\/"},"modified":"2012-08-01T13:53:08","modified_gmt":"2012-08-01T11:53:08","slug":"s-africas-pmi-recovers-to-51-in-july-outlook-weak","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-pmi-recovers-to-51-in-july-outlook-weak\/","title":{"rendered":"S.Africa&#8217;s PMI recovers to 51 in July, outlook weak"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG<\/span> Aug 1 (Reuters) &#8211; South Africa&#8217;s seasonally<br \/>\nadjusted Purchasing Managers&#8217; Index rose above the key 50 level<br \/>\nin July, but the outlook for the manufacturing sector remains<br \/>\nunder pressure from declining exports to China and Europe, a<br \/>\nsurvey showed on Wednesday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The index gained 2.8 index points to 51 in July &#8211;above the<br \/>\n50 mark which differentiates expansion from contraction&#8211;<br \/>\ncompared to 48.2 in June.<\/p>\n<p><span><\/span><\/p>\n<p>However survey sponsor Kagiso Tiso Holdings sounded caution<br \/>\nabout jobs in the industry, with the employment sub index in the<br \/>\nPMI only managing a marginal increase.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;This confirms that employment prospects in the local<br \/>\nmanufacturing industry remain limited and are expected to<br \/>\npersist for the remainder of this year,&#8221; Kagiso said.<\/p>\n<p><span><\/span><\/p>\n<p>Unemployment statistics on Tuesday showed the sector shed<br \/>\n44,000 jobs in the second quarter of this year.<\/p>\n<p> (Reporting by Xola Potelwa)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHANNESBURG Aug 1 (Reuters) &#8211; South Africa&#8217;s seasonally adjusted Purchasing Managers&#8217; Index rose above the key 50 level in July, but the outlook for the manufacturing sector remains under pressure from declining exports to China and Europe, a survey showed on Wednesday. The index gained 2.8 index points to 51 in July &#8211;above the 50 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-13056","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=13056"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13056\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}