The Standard Bank Mozambique PMI surged to 52.3 in May 2019 from 49.9 in a month earlier and reaching the highest reading since September 2017. New orders growth accelerated to a 19-month high, output expanded the most in six months and employment rose modestly. Also, input buying expanded further, though stock levels depleted for the second straight month. Regarding prices, input costs rose the least throughout the survey history started in April 2015. Still, businesses raised their selling charges at the fastest pace in four months, partly due to an unfavourable exchange rate. Looking ahead, sentiment climbed to a 29-month high, with a number of respondents stating plans to open new businesses over the coming year, while others being focused on expanding their client bases. Composite Pmi in Mozambique is reported by Markit Economics.

Mozambique Standard Bank PMI
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Mozambique Business Last Previous Highest Lowest Unit
Business Confidence 95.40 95.60 109.18 86.60 Index Points [+]
Industrial Production 8.50 7.90 38.20 -12.70 percent [+]
Industrial Production Mom -11.10 -1.80 20.90 -32.50 percent [+]
Internet Speed 2364.38 2690.05 2690.05 235.88 KBps [+]
IP Addresses 60570.00 57816.00 99773.00 6811.00 IP [+]
Leading Economic Index 0.10 -12.80 15.80 -15.80 percent [+]
Mining Production 14.50 5.30 204.50 -34.80 percent [+]
Changes In Inventories 55713.00 122677.00 122677.00 -643.00 MZN Million [+]
Competitiveness Index 39.75 41.90 41.90 3.01 Points [+]
Competitiveness Rank 133.00 125.00 138.00 119.00 [+]
Composite Pmi 52.30 49.90 52.30 49.90 [+]
Ease of Doing Business 135.00 138.00 142.00 128.00 [+]
Corruption Index 23.00 25.00 35.00 22.00 Points [+]
Corruption Rank 158.00 153.00 158.00 56.00 [+]

Mozambique Standard Bank PMI

The Standard Bank Mozambique PMI™ is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 400 private sector companies. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. The sectors covered by the survey include agriculture, mining, manufacturing, construction, wholesale, retail and services. Survey responses are collected in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted. The headline figure is the Purchasing Managers’ Index™ (PMI). The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. This page provides - Mozambique Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Standard Bank PMI - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.30 49.90 52.30 49.90 2019 - 2019 Monthly

Country Last Previous
Australia 53.10 Jun/19
Brazil 48.40 May/19
China 51.50 May/19
Euro Area 52.10 Jun/19
France 52.90 Jun/19
Germany 52.60 Jun/19
India 51.70 May/19
Italy 49.90 May/19
Japan 50.70 May/19
Russia 51.50 May/19
Singapore 52.10 May/19
South Africa 49.30 May/19
United Kingdom 50.90 May/19
United States 50.60 Jun/19