Nigeria Non Manufacturing PMI  2014-2016 | Data | Chart | Calendar

The Non-Manufacturing PMI in Nigeria decreased to 42.8 in November of 2016 from 43.4 in October. The reading pointed to the eleventh consecutive month of contraction in the non-manufacturing sector driven by declines in new orders (42.3 from 42.7), employment (40.2 from 41.5) and raw materials (45.5 from 46.4). In addition, business activity remained steady at 43. Services Pmi in Nigeria averaged 47.91 from 2014 until 2016, reaching an all time high of 54 in February of 2015 and a record low of 41 in September of 2016. Services Pmi in Nigeria is reported by Markit Economics.

Nigeria Non Manufacturing PMI
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Nigeria Business Last Previous Highest Lowest Unit
Business Confidence -24.10 -12.30 41.10 -24.10 [+]
Industrial Production 0.10 -10.10 20.10 -10.10 percent [+]
Manufacturing Production -3.30 -7.00 24.60 -7.00 percent [+]
Services Pmi 42.80 43.40 54.00 41.00 [+]
Mni Business Sentiment 41.60 55.10 69.60 41.60 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 46.00 44.10 53.00 41.90 [+]
Ease of Doing Business 169.00 170.00 170.00 120.00 [+]
Corruption Index 26.00 27.00 27.00 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 47.50 46.80 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
42.80 43.40 54.00 41.00 2014 - 2016 Monthly



Last
Australia 50.50 Oct/16
Brazil 43.90 Oct/16
China 52.40 Oct/16
Euro Area 54.10 Nov/16
France 52.60 Nov/16
Germany 55.00 Nov/16
India 54.50 Oct/16
Ireland 54.60 Oct/16
Italy 51.00 Oct/16
Japan 50.50 Oct/16
Nigeria 42.80 Nov/16
Russia 52.70 Oct/16
Spain 54.60 Oct/16
Sri Lanka 59.30 Oct/16
Sweden 57.60 Oct/16
United Kingdom 54.50 Oct/16
United States 54.70 Nov/16
World 52.80 Jan/16