Stanbic IBTC Bank Nigeria PMI  2014-2018 | Data | Chart | Calendar

The Stanbic IBTC Bank Nigeria PMI increased to 57.3 in January of 2018 from 56.8 in the previous month. The reading pointed to the strongest expansion in the private sector since December of 2014, as new orders rose at a record pace and output advanced at the second strongest rate since series began. Meanwhile, employment growth was below average. On the price front, input prices went up faster than in the prior month while output inflation slowed slightly. Composite Pmi in Nigeria is reported by Markit Economics.

Stanbic IBTC Bank Nigeria PMI
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Nigeria Business Last Previous Highest Lowest Unit
Business Confidence 17.70 -2.60 41.10 -29.00 Index Points [+]
Industrial Production -1.10 -8.70 20.10 -10.10 percent [+]
Manufacturing Production -2.80 0.60 24.60 -7.00 percent [+]
Internet Speed 3853.93 4129.28 4129.28 348.64 KBps [+]
IP Addresses 209207.00 194830.00 244394.00 29604.00 IP [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 57.30 59.30 59.30 41.90 [+]
Ease of Doing Business 145.00 169.00 170.00 120.00 [+]
Corruption Index 28.00 26.00 28.00 6.90 Points [+]
Corruption Rank 136.00 136.00 152.00 52.00 [+]
Changes In Inventories 147184.60 125616.91 147184.60 32488.05 NGN Million [+]
Competitiveness Index 3.30 3.39 3.81 3.30 Points [+]
Competitiveness Rank 125.00 127.00 127.00 94.00 [+]
Composite Pmi 57.30 56.80 57.80 46.30 [+]
Capacity Utilization 48.50 48.50 60.50 48.50 percent [+]
Services Pmi 58.50 62.10 62.10 41.00 [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]


Stanbic IBTC Bank Nigeria PMI

The Stanbic IBTC Bank Nigeria Purchasing Managers’ Index measures the performance of the private sector and is derived from a survey of 400 companies from agriculture, manufacturing, services, construction and retail. The Purchasing Managers’ Index is a composite index based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the private sector activity compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Nigeria Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Stanbic IBTC Bank Nigeria PMI - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
57.30 56.80 57.80 46.30 2014 - 2018 Monthly




composite pmi by Country
Country Last
Australia 54.20 Jan/18
Brazil 50.70 Jan/18
China 53.70 Jan/18
Euro Area 58.80 Jan/18
France 59.60 Jan/18
Germany 59.00 Jan/18
India 52.50 Jan/18
Italy 59.00 Jan/18
Japan 52.80 Jan/18
Russia 54.80 Jan/18
United Kingdom 53.50 Jan/18
United States 53.80 Jan/18


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