Nigeria Changes In Inventories  Forecast


Changes In Inventories in Nigeria is expected to be 137000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes In Inventories in Nigeria to stand at 110215.57 in 12 months time. In the long-term, the Nigeria Changes In Inventories is projected to trend around 161800.00 NGN Million in 2020, according to our econometric models.


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Nigeria Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence -1.5 -8 26.68 28.55 27.2 3.18
Industrial Production -1.1 2.2 1.55 1.12 1.11 3.5
Manufacturing Production 1.4 1.7 4.99 5.3 5.49 3.7
Mni Business Sentiment 54.7 56.8 59.62 59.68 59.71 60
Services Pmi 54.9 48.8 52.92 52.34 51.96 52.75
Leading Economic Index 45.9 49.67 49.17 49.51 49.44 49.4
Manufacturing Pmi 55.3 49.3 51.88 51.18 50.74 51.3
Ease of Doing Business 169 169 163 161 159 155
Corruption Index 28 29 27 27 26 28
Corruption Rank 136 138 136 135 135 133
Changes In Inventories 125617 137000 113630 111970 110216 161800
Competitiveness Index 3.3 3.31 3.31 3.31 3.31 3.5
Competitiveness Rank 125 123 126 126 126 126
Composite Pmi 54.9 49.7 53.18 52.82 52.66 53
Capacity Utilization 48.5 53 53.17 54.56 55.75 59