The Stanbic Bank Ghana PMI rose to 51.2 in January of 2021 from 50.3 in the previous month. The reading pointed to the sixth straight month of expansion in the country's private sector and at a slightly quicker pace than in the prior month. Output, new orders and employment continued to increase. On the price front, inflationary pressures built, as both input costs and output prices rose at sharper rates than in December. Looking forward, business sentiment was broadly in line with that seen in December, above the average since the survey began in January 2014. source: Markit Economics
Composite PMI in Ghana averaged 51.38 points from 2017 until 2021, reaching an all time high of 56.50 points in September of 2017 and a record low of 31.70 points in April of 2020. This page provides - Ghana Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Composite PMI in Ghana is expected to be 51.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Ghana to stand at 52.00 in 12 months time. In the long-term, the Ghana Composite PMI is projected to trend around 53.00 points in 2022, according to our econometric models.