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South Africa’s private sector growth continues in July, PMI rises to 50.3

Published 05/08/2025, 09:10
South Africa’s private sector growth continues in July, PMI rises to 50.3
SPGI
-0.31%

Investing.com -- South Africa’s private sector expanded for the third consecutive month in July, with the S&P Global South Africa Purchasing Managers’ Index (PMI) rising to 50.3 from 50.1 in June.

The slight improvement in business conditions was supported by renewed sales growth and continued increases in employment, according to the survey released Tuesday.

A PMI reading above 50 indicates expansion in business activity, while a reading below that threshold signals contraction.

The July figure represents a modest acceleration from the previous month, maintaining the private sector’s growth trajectory that began earlier this year.

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