FOREX TradingCharts.com

Financial News: South Africa's Private Sector Logs Further Marginal Expans

South Africa's Private Sector Logs Further Marginal Expansion

08/05/2025 - 09:28:00 (RTTNews)

(RTTNews) - South Africa's private sector activity signalled a slightly stronger growth in July, driven by greater sales and increased employment, survey results from S&P Global showed Tuesday.

The purchasing managers' index rose to 50.3 in July from 50.1 in June. Any score above 50.0 indicates expansion.

Among components, new orders and employment only contributed positively to the headline PMI. Domestic sales improved, while export demand fell for the fourth straight month.

Employment grew at the quickest pace since May last year, and this supported business capacity, and purchasing activity increased modestly.

On the price front, input price inflation rose to a 3-month high, driven by higher staff costs along with greater fuel and raw material costs. Nonetheless, selling price inflation was slightly slower than in the previous month.

Looking ahead, firms were more hopeful about future demand and new projects.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Service Sector Growth Unexpectedly Slows In July (02 hr(s), 0 min(s),05 sec(s) ago)
(RTTNews) - A report released by the Institute for Supply Management on Tuesday unexpectedly showe ...Full Story»

Brazil Service Sector Downturn Deepens In July (02 hr(s), 08 min(s), 05 sec(s) ago)
(RTTNews) - Brazil's service sector deteriorated at the fastest pace in more than four years i ...Full Story»

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge (02 hr(s), 46 min(s), 05 sec(s) ago)
(RTTNews) - The U.S. trade deficit narrowed by slightly more than anticipated in the month of June ...Full Story»

South Africa's Private Sector Logs Further Marginal Expansion (03 hr(s), 02 min(s), 05 sec(s) ago)
(RTTNews) - South Africa's private sector activity signalled a slightly stronger growth in Jul ...Full Story»

UK Service Sector Growth Eases On Weak Demand (03 hr(s), 40 min(s), 05 sec(s) ago)
(RTTNews) - The UK service sector growth softened in July as new business intakes swung back into ...Full Story»

U.S. Trade Deficit Narrows Slightly More Than Expected In June (03 hr(s), 51 min(s), 05 sec(s) ago)
(RTTNews) - The U.S. trade deficit narrowed by slightly more than anticipated in the month of June ...Full Story»

Eurozone Private Sector Continues To Expand (03 hr(s), 54 min(s), 05 sec(s) ago)
(RTTNews) - Euro area private sector remained in the expansionary territory in July but the rate o ...Full Story»

Eurozone Producer Prices Rise 0.8% (04 hr(s), 35 min(s), 05 sec(s) ago)
(RTTNews) - Eurozone producer prices rose for the first time in four months in June, largely due t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Service Sector Growth Unexpectedly Slows In July

08/05/2025 - 10:30 AM (RTTNews)
(RTTNews) - A report released by the Institute for Supply Management on Tuesday unexpectedly showe ...Full Story>>

Brazil Service Sector Downturn Deepens In July

08/05/2025 - 10:22 AM (RTTNews)
(RTTNews) - Brazil's service sector deteriorated at the fastest pace in more than four years i ...Full Story>>

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

08/05/2025 - 09:44 AM (RTTNews)
(RTTNews) - The U.S. trade deficit narrowed by slightly more than anticipated in the month of June ...Full Story>>

South Africa's Private Sector Logs Further Marginal Expansion

08/05/2025 - 09:28 AM (RTTNews)
(RTTNews) - South Africa's private sector activity signalled a slightly stronger growth in Jul ...Full Story>>

UK Service Sector Growth Eases On Weak Demand

08/05/2025 - 08:50 AM (RTTNews)
(RTTNews) - The UK service sector growth softened in July as new business intakes swung back into ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.