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

The Stanbic IBTC Bank Nigeria PMI decreased to 56 in July of 2018 from 58.4 in the previous month. The reading pointed to the weakest expansion in private sector activity since February, still remaining historically strong. Output and new orders rose at the slowest pace in five months and job creation eased to a six-month low. Meantime, stocks of purchases continued to advance markedly. On the price front, input price inflation slowed to a four-month low but was above the long-run average while ouput cost inflation was unchanged. 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 -3.30 -4.20 20.10 -20.40 percent [+]
Manufacturing Production 0.70 -2.80 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 56.80 57.00 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 56.00 58.40 59.10 46.30 [+]
Capacity Utilization 54.50 54.00 60.50 48.50 percent [+]
Services Pmi 57.70 57.50 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
56.00 58.40 59.10 46.30 2014 - 2018 Monthly




composite pmi by Country
Country Last
Australia 52.30 Jul/18
Brazil 50.40 Jul/18
China 52.30 Jul/18
Euro Area 54.30 Jul/18
France 54.40 Jul/18
Germany 55.00 Jul/18
India 54.10 Jul/18
Italy 53.00 Jul/18
Japan 51.80 Jul/18
Russia 51.70 Jul/18
United Kingdom 53.60 Jul/18
United States 55.70 Jul/18


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