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South Africa Manufacturing PMI (Jul.)

The decline in South Africa’s manufacturing PMI in July points to a large hit to activity from weaker global demand as well as severe power cuts at home. It will probably take some time before recently announced efforts to improve electricity availability take shape and, in the meantime, the manufacturing sector and the economy are likely to stay weak. EM Drop-In (4th August, 10:00 ET/15:00 BST): Join our monthly online session on the big issues in emerging markets. In this 20-minute briefing, the team will be answering your questions about debt risks amid global tightening, the latest on the inflation outlook and much more. Register now. ​

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