{"id":9566,"date":"2012-04-02T15:47:31","date_gmt":"2012-04-02T13:47:31","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/s-africas-pmi-falls-to-55-1-in-march\/"},"modified":"2012-04-02T15:47:31","modified_gmt":"2012-04-02T13:47:31","slug":"s-africas-pmi-falls-to-55-1-in-march","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-pmi-falls-to-55-1-in-march\/","title":{"rendered":"S.Africa&#8217;s PMI falls to 55.1 in March"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, April 2<\/span> (Reuters) &#8211; South Africa&#8217;s seasonally<br \/>\nadjusted Purchasing Managers&#8217; Index fell to 55.1 in March from a<br \/>\ntwo-year high of 57.9 in February as business activity and new<br \/>\nsales orders declined, sponsors Kagiso Asset Management said on<br \/>\nMonday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The business activity index made the largest negative<br \/>\ncontribution, giving up 7.4 points to 57.8 while new sales<br \/>\norders were down 5.1 points at 59.7, Kagiso said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Although remaining at a favourable level, the forward<br \/>\nlooking indicators of the PMI also pointed to a somewhat less<br \/>\noptimistic outlook,&#8221; said Hugo Pienaar, senior economist at the<br \/>\nBureau of Economic Research, which compiles the PMI.<\/p>\n<p><span><\/span><\/p>\n<p>The PMI, a key pointer to manufacturing activity, suggests<br \/>\nthe second-largest contributor to South Africa&#8217;s gross domestic<br \/>\nproduct is still struggling despite recent signs the economy is<br \/>\nslowly recovering from a recession in 2009.\t<\/p>\n<p> (Reporting by Stella Mapenzauswa; editing by David Dolan)<\/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, April 2 (Reuters) &#8211; South Africa&#8217;s seasonally adjusted Purchasing Managers&#8217; Index fell to 55.1 in March from a two-year high of 57.9 in February as business activity and new sales orders declined, sponsors Kagiso Asset Management said on Monday. The business activity index made the largest negative contribution, giving up 7.4 points to 57.8 [&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-9566","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\/9566","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=9566"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9566\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}