标准普尔南非全球采购经理人指数在2025年9月升至50.2,略高于8月的50.1,标志着连续第五个月增长,尽管增长幅度不大。产出和新订单进一步扩大,新业务受到更强劲的地区需求的支撑,抵消了美国和欧洲流入的疲软。出口订单自3月以来首次上升。采购活动略有增加,而由于材料可用性的提高,供应商的交货时间连续第六个月缩短。成本压力有所缓解,在汇率走强和员工人数减少的推动下,投入价格以11个月来最低的速度上涨。随着企业将节省的资金转嫁给客户,销售价格通胀放缓至四个月来的最低点。与此同时,就业人数连续第二个月下降,主要是由于员工更换困难,尽管积压人数一年多来首次增加。商业信心减弱,对未来产出的乐观情绪降至2021年7月以来的最低水平。
The S&P Global South Africa PMI rose to 50.2 in September 2025, up slightly from 50.1 in August, signaling a fifth consecutive month of growth, albeit marginal. Output and new orders expanded further, with new business supported by stronger regional demand, offsetting weaker inflows from the US and Europe. Export orders rose for the first time since March. Purchasing activity increased modestly, while suppliers’ delivery times shortened for a sixth straight month amid improving material availability. Cost pressures eased, with input prices rising at the weakest rate in 11 months, helped by a stronger exchange rate and lower headcounts. Selling price inflation slowed to a four-month low as firms passed on savings to customers. Meanwhile, employment declined for a second month, largely due to staff replacement difficulties, though backlogs rose for the first time in over a year. Business confidence weakened, with optimism towards future output falling to its lowest level since July 2021.