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

The Central Bank of Nigeria composite PMI for the non-manufacturing sector increased to 49.5 in April of 2017 from 47.1 in the prior month. The reading pointed to the sixteenth straight month of contraction in the services sector, although at the slowest pace as business activity and new orders rebounded and employment fell at a slower pace. Services Pmi in Nigeria averaged 47.84 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 -8.70 -3.60 20.10 -10.10 percent [+]
Manufacturing Production -2.90 -4.40 24.60 -7.00 percent [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]
Services Pmi 49.50 47.10 54.00 41.00 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 51.10 47.70 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 127.00 124.00 127.00 94.00 [+]
Composite Pmi 53.60 53.00 54.50 46.30 [+]
Capacity Utilization 48.50 48.40 60.50 48.40 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
49.50 47.10 54.00 41.00 2014 - 2017 Monthly



services pmi by Country

Last
Australia 53.00 Apr/17
Brazil 50.30 Apr/17
China 51.50 Apr/17
Euro Area 56.20 May/17
France 58.00 May/17
Germany 55.20 May/17
India 50.20 Apr/17
Italy 56.20 Apr/17
Japan 52.20 Apr/17
Russia 56.10 Apr/17
Spain 57.80 Apr/17
United Kingdom 55.80 Apr/17
United States 54.00 May/17