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

The Stanbic IBTC Bank Nigeria PMI rose to 56.3 in September of 2018 from 56.1 in the previous month. Both output and new order growth ticked up to respective three-month highs, supported by strong demand from domestic and foreign clients. Meanwhile, the rate of job creation eased to a 15-month low. As a result, backlogs of work went up at the fastest pace in five months. Meantime, supplier delivery times improved again in September. On the price front, input cost pressures softened markedly, with input price inflation hitting a 12-month low and below the long-run survey average. Output charges continued to advance at a moderate pace. Composite Pmi in Nigeria is reported by Markit Economics.

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Nigeria Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	24.80	21.50	41.10	-29.00	Index Points	[+]
Industrial Production	-3.30	-4.20	20.10	-20.40	percent	[+]
Manufacturing Production	3.40	0.20	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	56.20	57.10	59.30	41.90		[+]
Ease of Doing Business	145.00	169.00	170.00	120.00		[+]
Corruption Index	27.00	28.00	28.00	6.90	Points	[+]
Corruption Rank	148.00	136.00	152.00	52.00		[+]
Changes In Inventories	159351.20	147791.30	165871.80	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	56.30	56.10	59.10	46.30		[+]
Capacity Utilization	54.50	54.00	60.50	48.50	percent	[+]
Services Pmi	56.50	58.00	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 October of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	56.30	56.10	59.10	46.30	2014 - 2018		Monthly

composite pmi by Country

Country	Last		Previous	Highest	Lowest
Australia	52.50	Sep/18	52	58.3	52	Index Points	Monthly
Brazil	47.30	Sep/18	47.8	55.5	38.3	Index	Monthly
China	52.10	Sep/18	52	53.7	48		Monthly
Euro Area	54.10	Sep/18	54.5	58.8	45.7	Index Points	Monthly
France	54.00	Sep/18	54.9	60.3	41.9	Index Points	Monthly
Germany	55.00	Sep/18	55.6	59	50.2	Index Points	Monthly
India	51.60	Sep/18	51.9	55.4	46		Monthly
Italy	52.40	Sep/18	51.7	59	48.8		Monthly
Japan	50.70	Sep/18	52	54.1	46.3		Monthly
Russia	53.50	Sep/18	52.1	58.3	44.7		Monthly
Singapore	49.60	Sep/18	51.1	56.8	49.4		Monthly
South Africa	48.00	Sep/18	47.2	52.7	46.4		Monthly
United Kingdom	54.10	Sep/18	54.2	61.8	47.4		Monthly
United States	53.90	Sep/18	54.7	61	50	Index Points	Monthly