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Purchasing Managers Index (PMI)

Inflationary pressure dents Nigeria’s business activity in August

Josephine Okojie Sep 8, 2022 0

Surging prices amid dwindling household incomes have taken a hit on economic activities in Nigeria's manufacturing sector in August. Nigeria’s Purchasing Managers Index (PMI), a gauge for…

Real Sector

PMI hits benchmark amid surging production cost

Gbemi Faminu Jul 20, 2022 0

Nigeria’s manufacturing Purchasing Managers’ Index (PMI), a gauge for manufacturing sentiments, has sustained an upward trajectory, as it hits 51.1 points in June 2022. This was revealed…

Real Sector

PMI hits two-year high amid stronger output, new order growth

Iheanyi Nwachukwu Jan 5, 2022 0

The final month of 2021 revealed a robust expansion in Nigeria's private sector with the Purchasing Managers’ Index (PMI) improving to a 24-month high. Quicker uplifts in output and new…

Real Sector

Investors left guessing as production data delays

Gbemi Faminu Apr 26, 2021 0

Investors who use the Manufacturing and non-manufacturing Purchasing Managers Index (PMI) published by monetary authorities to gauge economic performance have been unable to do so as the…