{"id":14401,"date":"2025-11-03T09:21:50","date_gmt":"2025-11-03T07:21:50","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sa-factory-mood-sours-in-october\/"},"modified":"2026-02-27T16:27:00","modified_gmt":"2026-02-27T14:27:00","slug":"sa-factory-mood-sours-in-october","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-factory-mood-sours-in-october\/","title":{"rendered":"SA factory mood sours in October"},"content":{"rendered":"<p>South Africa&#8217;s (SA) manufacturing sentiment deteriorated in October, dragged down by subdued domestic demand and sluggish exports, a purchasing managers&#8217; index (PMI) survey showed this Monday.<\/p>\n<p>&nbsp;<\/p>\n<p>The seasonally-adjusted PMI sponsored by SA bank Absa fell to 49.2 points in October from 50.8 in September, highlighting &#8220;the fragility of the manufacturing recovery,&#8221; Absa said in a statement.<\/p>\n<p>&nbsp;<\/p>\n<p>The business activity sub-index dropped by 5 points to 49.4, marking the ninth month this year it has been in contractionary territory.<\/p>\n<p>&nbsp;<\/p>\n<p>Another sub-index tracking expected business conditions in six months dropped more than 3 points to 46.1.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;Business confidence remains low as the sector continues to navigate external trade constraints, supply-side uncertainty, and cost volatility,&#8221; Absa said.<\/p>\n<p>&nbsp;<\/p>\n<p>SA&#8217;s government is trying to convince United States (US) President Donald Trump to lower the 30% tariff he imposed on SA exports to the US in August, but so far there has been no breakthrough.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":14402,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-14401","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"South Africa's (SA) manufacturing sentiment deteriorated in October","published_date":"2025-11-03 11:20:16","news_description":"South Africa's (SA) manufacturing sentiment deteriorated in October","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14401\/revisions"}],"predecessor-version":[{"id":19077,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/14401\/revisions\/19077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14402"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=14401"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=14401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}