{"id":14224,"date":"2012-09-03T15:39:35","date_gmt":"2012-09-03T13:39:35","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/s-africas-pmi-eases-to-50-2-in-august-demand-weak\/"},"modified":"2012-09-03T15:39:35","modified_gmt":"2012-09-03T13:39:35","slug":"s-africas-pmi-eases-to-50-2-in-august-demand-weak","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-pmi-eases-to-50-2-in-august-demand-weak\/","title":{"rendered":"S.Africa&#8217;s PMI eases to 50.2 in August, demand weak"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, Sept 3<\/span> (Reuters) &#8211; South Africa&#8217;s seasonally<br \/>\nadjusted Purchasing Managers&#8217; Index weakened in August, a survey<br \/>\nshowed on Monday, pointing to weak demand which should weigh on<br \/>\nmanufacturing output in the third quarter of this year.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The index lost 0.8 index points to 50.2 in August &#8212;  barely<br \/>\nholding above the 50 mark which separates expansion from<br \/>\ncontraction &#8212; from 51.0 in July, sponsor Kagiso Tiso Holdings<br \/>\nsaid.<\/p>\n<p><span><\/span><\/p>\n<p>The New Sales Orders index lost 5.3 points to 46.9 while the<br \/>\nExpected Business Conditions index shed 1.1 points to 52.9.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We are seeing a clear downward trend in the demand for<br \/>\nfactory goods,&#8221; said Abdul Davids, head of research at Kagiso&#8217;s<br \/>\nasset management division.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Supply continues to exceed demand and this does not bode<br \/>\nwell for manufacturing sector production.&#8221;<\/p>\n<p> (Reporting by Stella Mapenzauswa; Editing by Tosin Sulaiman)<\/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, Sept 3 (Reuters) &#8211; South Africa&#8217;s seasonally adjusted Purchasing Managers&#8217; Index weakened in August, a survey showed on Monday, pointing to weak demand which should weigh on manufacturing output in the third quarter of this year. The index lost 0.8 index points to 50.2 in August &#8212; barely holding above the 50 mark which [&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-14224","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\/14224","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=14224"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14224\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}