South Africa's purchasing managers' index (PMI) moved into expansionary territory in August after two consecutive months below the key 50 line, indicating a recovery in demand for factory goods.

The PMI edged up to 50.3 in August from 49.5 in July and 48.4 in June, a survey by the Bureau of Economic Research and sponsored by Kagiso Securities showed on 1 September 2010.

Reported by Reuters