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

The Stanbic IBTC Bank Nigeria PMI rose to 58.8 in March of 2018 from 56.0 in the previous month. The reading pointed to the fastest expansion in private sector activity since survey began, as employment, new orders and stocks of purchases advanced at a record pace. Also, new export orders increased and returned to expansion. On the price front, input and output price inflation picked up at a faster pace. Composite Pmi in Nigeria is reported by Markit Economics.

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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	56.70	56.30	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	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	58.80	56.00	58.80	46.30		[+]
Capacity Utilization	54.50	54.00	60.50	48.50	percent	[+]
Services Pmi	57.20	56.10	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 April of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	58.80	56.00	58.80	46.30	2014 - 2018		Monthly

composite pmi by Country

Country	Last		Previous	Highest	Lowest
Australia	55.40	Mar/18	54.3	58.3	53.1	Index Points	Monthly
Brazil	51.50	Mar/18	53.1	55.5	38.3	Index	Monthly
China	51.80	Mar/18	53.3	53.7	48		Monthly
Euro Area	55.20	Apr/18	55.2	58.8	45.7	Index Points	Monthly
France	56.90	Apr/18	56.3	60.3	41.9	Index Points	Monthly
Germany	55.30	Apr/18	55.1	59	50.2	Index Points	Monthly
India	50.80	Mar/18	49.7	55.4	46		Monthly
Italy	53.50	Mar/18	56	59	48.8		Monthly
Japan	51.30	Mar/18	52.2	54.1	46.3		Monthly
Russia	53.20	Mar/18	55.2	58.3	44.7		Monthly
United Kingdom	52.50	Mar/18	54.5	61.8	47.4		Monthly
United States	54.80	Apr/18	54.2	61	50	Index Points	Monthly