The manufacturing sector showed signs of recovery in January following a very bleak year-end. The Absa Purchasing Managers Index PMI for January 2026 rose 8.2 notches to 48.7 index points, with most of its sub-divisions showing an improvement.
Absa Corporate and Investment Banking Economist, Andiswa Nondudle, says the significant improvement in the PMI print is encouraging and a great start to the year ahead.
The manufacturing sector started the year on a positive note, this as the Absa PMI for January 2026 rose 8.2 notches to 48.7 index points.