Ghana Composite Pmi  2017-2018 | Data | Chart | Calendar | Forecast | News

The Stanbic Bank Ghana PMI fell to 49.2 in September of 2018 from 51.8 in August. The reading pointed to the first contraction in private sector activity since January of 2016, as output declined amid lower new orders and a weaker currency. Also, purchasing activity eased for the second consecutive month and was the softest in over two and a half years. On the other hand, job creation continued to advance. On the price front, input price inflation accelerated mainly due to higher cost of fuel and the weakness of the Ghanaian cedi, and output inflation quickened to a seven-month high. Finally, business confidence decreased to a 22-month low, still firms expected a rise in output over the coming year. Composite Pmi in Ghana is reported by Markit Economics.

Ghana Composite Pmi
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Ghana Business Last Previous Highest Lowest Unit
Internet Speed 3367.55 3359.64 3367.55 252.06 KBps [+]
IP Addresses 124915.00 191869.00 362730.00 14376.00 IP [+]
Leading Economic Index 6.60 2.60 13.40 -5.10 percent [+]
Ease of Doing Business 120.00 108.00 120.00 60.00 [+]
Corruption Index 40.00 43.00 48.00 33.00 Points [+]
Corruption Rank 81.00 70.00 81.00 50.00 [+]
Competitiveness Index 3.72 3.68 3.79 3.44 Points [+]
Competitiveness Rank 111.00 114.00 119.00 102.00 [+]
Composite Pmi 49.20 51.80 56.50 49.20 [+]

Ghana Composite Pmi

The Stanbic Bank Ghana Purchasing Managers’ Index is based on data compiled from monthly replies to questionnaires sent to purchasing executives in approximately 400 private sector companies, which have been carefully selected to accurately represent the true structure of the Ghanaian economy, including agriculture, construction, industry, services and wholesale & retail. The panel is stratified by GDP and company workforce size. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. The Purchasing Managers’ Index (PMI) is a composite index based on five of the individual sub-components with the following weights: New Orders- 0.3, Output- 0.25, Employment- 0.2, Suppliers’ Delivery Times- 0.15, Stock of Items Purchased- 0.1, with the Suppliers’ Delivery Times sub-component inverted so that it moves in a comparable direction. This page provides - Ghana Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Composite Pmi - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
49.20 51.80 56.50 49.20 2017 - 2018 Monthly

composite pmi by Country
Country Last
Australia 52.50 Sep/18
Brazil 47.30 Sep/18
China 52.10 Sep/18
Euro Area 54.10 Sep/18
France 54.00 Sep/18
Germany 55.00 Sep/18
India 51.60 Sep/18
Italy 52.40 Sep/18
Japan 50.70 Sep/18
Russia 53.50 Sep/18
Singapore 49.60 Sep/18
South Africa 48.00 Sep/18
United Kingdom 54.10 Sep/18
United States 53.90 Sep/18