The Standard Bank Mozambique PMI rose to 50.4 in March 2019 from 50.0 in the previous month, signalling a slight improvement in the health of the private sector. Output increased modestly supported by product promotions and employment grew at the fastest rate in almost two years. Meanwhile, new orders growth slowed to a nine-month low. Also, purchasing activity increased the least since last April while stocks went up solidly as some firms overbought inputs in previous months. Meanwhile, delivery times were reduced again and at the fastest rate in 15 months, being highlighted suppliers' strong flexibility and punctuality at meeting orders. In terms of prices, input price inflation remained sharp overall but output prices were cut slightly due to new promotions and greater market competition. Looking ahead, business sentiment was at a 15-month high, linked to new projects and prospects of business expansion. 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 98.50 99.70 109.18 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 -12.80 -6.80 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 50.40 50.00 51.00 50.00 [+]
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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.40 50.00 51.00 50.00 2019 - 2019 Monthly

Country Last Previous
Australia 50.60 Apr/19
Brazil 53.10 Mar/19
China 52.90 Mar/19
Euro Area 51.30 Apr/19
France 50.00 Apr/19
Germany 52.10 Apr/19
India 52.70 Mar/19
Italy 51.50 Mar/19
Japan 50.40 Mar/19
Russia 54.60 Mar/19
Singapore 51.80 Mar/19
South Africa 48.80 Mar/19
United Kingdom 50.00 Mar/19
United States 52.80 Apr/19