South Africa’s manufacturing sector moved back into expansionary territory in September 2026, as the Manufacturing Purchasing Managers’ Index (PMI) climbed to 50.7 from 45.8 in August 2026. The latest figure, updated on 1 October 2026, marks a significant turnaround for the industry after it had been contracting in the previous month.
The move above the 50-point threshold, which separates contraction from expansion, suggests improving operating conditions for manufacturers. While detailed component data were not provided, the headline PMI shift from August’s 45.8 to September’s 50.7 indicates a broad-based improvement in sentiment and activity across the sector.
This rebound in manufacturing momentum could provide some support to South Africa’s broader economic outlook for the second half of 2026, following signs of pressure in August. Market participants will now watch upcoming data to assess whether September’s improvement represents the start of a sustained recovery in industrial activity.
