Nigeria Manufacturing PMI  2014-2017 | Data | Chart | Calendar | Forecast

The Central Bank of Nigeria Manufacturing PMI increased to 47.7 in March 2017 from 44.6 in February. The reading pointed to the third consecutive month of contraction in the manufacturing sector, as new orders and employment continued to fall while output and supplier delivery time rebounded sharply. Manufacturing Pmi in Nigeria averaged 47.59 from 2014 until 2017, reaching an all time high of 53 in February of 2015 and a record low of 41.90 in June of 2016.

Nigeria Manufacturing PMI
Receive the next reported value for Nigeria Manufacturing 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 54.70 58.90 69.60 41.60 [+]
Services Pmi 47.10 44.50 54.00 41.00 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 47.70 44.60 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 53.00 52.20 54.50 46.30 [+]
Capacity Utilization 50.70 53.70 60.50 50.70 percent [+]


Nigeria Manufacturing PMI Notes

The Composite Manufacturing PMI measures the performance of the manufacturing sector and is derived from a survey of purchasing and supply executives from 13 locations in Nigeria. The survey shows the change, if any, in the current month compared with the previous month in terms of production level, new orders, supplier delivery time, employment level and raw materials inventory. The Composite PMI is presented as an average of those variables with the following weights: production level (25 percent), new orders (30 percent), supplier deliveries (15 percent) and employment level and inventories (20 percent). 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 Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
47.70 44.60 53.00 41.90 2014 - 2017 Monthly



Last
Australia 57.50 Mar/17
Austria 58.10 Apr/17
Brazil 49.60 Mar/17
Canada 55.50 Mar/17
China 51.20 Mar/17
Czech Republic 57.50 Mar/17
Denmark 57.20 Mar/17
Egypt 45.90 Mar/17
Euro Area 56.80 Apr/17
France 55.10 Apr/17
Germany 58.20 Apr/17
Greece 46.70 Mar/17
Hong Kong 49.90 Mar/17
Hungary 56.00 Mar/17
India 52.50 Mar/17
Indonesia 50.50 Mar/17
Ireland 53.60 Mar/17
Israel 54.80 Mar/17
Italy 55.70 Mar/17
Japan 52.80 Apr/17
Kenya 48.50 Mar/17
Lebanon 46.90 Mar/17
Malaysia 49.50 Mar/17
Mexico 51.50 Mar/17
Myanmar 53.10 Mar/17
Netherlands 57.80 Mar/17
New Zealand 57.80 Mar/17
Nigeria 47.70 Mar/17
Norway 54.70 Mar/17
Philippines 53.80 Mar/17
Poland 53.50 Mar/17
Puerto Rico 46.10 Dec/16
Russia 52.40 Mar/17
Saudi Arabia 56.40 Mar/17
Singapore 51.20 Mar/17
South Africa 52.20 Mar/17
South Korea 48.40 Mar/17
Spain 53.90 Mar/17
Sri Lanka 66.50 Mar/17
Sweden 65.20 Mar/17
Switzerland 58.60 Mar/17
Taiwan 56.20 Mar/17
Thailand 50.20 Mar/17
Turkey 52.30 Mar/17
United Arab Emirates 56.20 Mar/17
United Kingdom 54.20 Mar/17
United States 52.80 Apr/17
Vietnam 54.60 Mar/17
World 50.90 Jan/16