Stanbic IBTC Bank Nigeria PMI  2015-2017 | Data | Chart | Calendar

Stanbic IBTC Bank Nigeria PMI in Nigeria increased to 52.2 in February of 2017 from 51.9 in the previous month. It was the strongest expansion in private sector activity since December of 2015, as output rose at quicker pace amid further rise in total new business. Also, purchasing activity improved, while firms added to their inventories at a slightly faster rate. In contrast, export sales fell further and employment decreased, mainly due to cost-cutting initiatives. Meanwhile, input costs rose at the slowest pace since January of 2016. Composite Pmi in Nigeria averaged 49.84 from 2015 until 2017, reaching an all time high of 54.50 in December of 2015 and a record low of 46.30 in August of 2016. Composite Pmi in Nigeria is reported by Markit Economics.

Stanbic IBTC Bank Nigeria PMI
Receive the next reported value for Stanbic IBTC Bank Nigeria PMI in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website



Nigeria Business Last Previous Highest Lowest Unit
Business Confidence -29.00 -24.10 41.10 -29.00 [+]
Industrial Production 0.10 -10.10 20.10 -10.10 percent [+]
Manufacturing Production -3.30 -7.00 24.60 -7.00 percent [+]
Mni Business Sentiment 58.90 60.90 69.60 41.60 [+]
Services Pmi 44.50 49.40 54.00 41.00 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 44.60 48.20 53.00 41.90 [+]
Ease of Doing Business 169.00 170.00 170.00 120.00 [+]
Corruption Index 28.00 26.00 28.00 6.90 Points [+]
Corruption Rank 136.00 136.00 152.00 52.00 [+]
Changes In Inventories 127424.00 110385.00 146214.53 32488.05 NGN Million [+]
Competitiveness Index 3.39 3.46 3.81 3.37 Points [+]
Competitiveness Rank 124.00 127.00 127.00 94.00 [+]
Composite Pmi 52.20 51.90 54.50 46.30 [+]
Capacity Utilization 50.70 53.70 60.50 50.70 percent [+]



Stanbic IBTC Bank Nigeria PMI Notes

The Stanbic IBTC Bank Nigeria Purchasing Managers’ Index measures the performance of the private sector and is derived from a survey of 400 companies from agriculture, manufacturing, services, construction and retail. The Purchasing Managers’ Index is a composite index based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the private sector activity compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Nigeria Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Stanbic IBTC Bank Nigeria PMI - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 51.90 54.50 46.30 2015 - 2017 Monthly



Last
Brazil 46.60 Feb/17
China 52.60 Feb/17
Euro Area 56.70 Mar/17
France 57.60 Mar/17
Germany 57.00 Mar/17
India 50.70 Feb/17
Italy 54.80 Feb/17
Japan 52.20 Feb/17
New Zealand 57.40 Feb/17
Nigeria 52.20 Feb/17
Russia 55.40 Feb/17
Singapore 51.40 Feb/17
South Africa 50.50 Feb/17
United Kingdom 53.80 Feb/17
United States 53.20 Mar/17
World 53.50 Feb/17