Stanbic IBTC Bank Nigeria PMI  2014-2017 | Data | Chart | Calendar

The Stanbic IBTC Bank Nigeria PMI came in at 54.9 in September 2017, little-changed from 55 in August. The reading was the second-highest recorded in 2017 so far and was mostly driven by strong expansions in both output and new business. Also, new export orders grew for the first time in three months and job creation accelerated to its fastest in almost two years. On the price front, input cost inflation continued to ease, while output charge inflation ticked up to the sharpest since February. 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 -1.50 -27.70 41.10 -29.00 [+]
Industrial Production -1.10 -8.70 20.10 -10.10 percent [+]
Manufacturing Production 1.40 -2.60 24.60 -7.00 percent [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]
Services Pmi 54.90 54.10 59.60 41.00 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 55.30 53.60 55.30 41.90 [+]
Ease of Doing Business 169.00 170.00 170.00 120.00 [+]
Corruption Index 28.00 26.00 28.00 6.90 Points [+]
Corruption Rank 136.00 136.00 152.00 52.00 [+]
Changes In Inventories 125616.91 128647.48 146214.53 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 54.90 55.00 57.80 46.30 [+]
Capacity Utilization 48.50 48.50 60.50 48.50 percent [+]


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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
54.90 55.00 57.80 46.30 2014 - 2017 Monthly




composite pmi by Country

Last
Brazil 51.10 Sep/17
China 51.40 Sep/17
Euro Area 56.70 Sep/17
France 57.10 Sep/17
Germany 57.70 Sep/17
India 51.10 Sep/17
Italy 54.30 Sep/17
Japan 51.70 Sep/17
Russia 54.80 Sep/17
United Kingdom 54.10 Sep/17
United States 54.80 Sep/17