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

The Central Bank of Nigeria composite PMI for the non-manufacturing sector increased to 47.1 in March 2017 from 44.5 in February. The reading pointed to the fifteenth straight month of contraction, as business activity, new orders and level of employment dropped further. Services Pmi in Nigeria averaged 47.78 from 2014 until 2017, reaching an all time high of 54 in February of 2015 and a record low of 41 in September of 2016.

Nigeria Non Manufacturing PMI
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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 Non Manufacturing PMI Notes

The Composite Non-Manufacturing PMI measures the performance of the non 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 and is presented as an average of: production level (25 percent of weight), 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 Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Non Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
47.10 44.50 54.00 41.00 2014 - 2017 Monthly



Last
Australia 51.70 Mar/17
Brazil 47.70 Mar/17
China 52.20 Mar/17
Euro Area 56.20 Apr/17
France 57.70 Apr/17
Germany 54.70 Apr/17
India 51.50 Mar/17
Ireland 59.10 Mar/17
Italy 52.90 Mar/17
Japan 52.90 Mar/17
New Zealand 59.00 Mar/17
Nigeria 47.10 Mar/17
Russia 56.60 Mar/17
Spain 57.40 Mar/17
Sri Lanka 60.80 Mar/17
Sweden 61.30 Mar/17
United Kingdom 55.00 Mar/17
United States 52.50 Apr/17
World 52.80 Jan/16