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HOPEFUL NOTE

HOPEFUL NOTE: The seasonally adjusted Absa Purchasing Managers' Index (PMI) rose by 8.2 points to 48.7 in January, marking a significant recovery from December’s slump. Although still below the neutral 50-point mark, the size of the improvement is notable, with Absa saying the January results suggest that 2026 has started on a more hopeful note. Signs of improving activity, easing input costs, and stronger domestic demand are providing early momentum. Photograph: Creamer Media

Photo by Creamer Media

13th February 2026

By: Terence Creamer

Creamer Media Editor

     

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The seasonally adjusted Absa Purchasing Managers' Index (PMI) rose by 8.2 points to 48.7 in January, marking a significant recovery from December’s slump. Although still below the neutral 50-point mark, the size of the improvement is notable, with Absa saying the January results suggest that 2026 has started on a more hopeful note. Signs of improving activity, easing input costs, and stronger domestic demand are providing early momentum. Photograph: Creamer Media

Edited by Creamer Media Reporter

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