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.

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 56.70 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
Australia 55.40 Mar/18
Brazil 51.50 Mar/18
China 51.80 Mar/18
Euro Area 55.20 Apr/18
France 56.90 Apr/18
Germany 55.30 Apr/18
India 50.80 Mar/18
Italy 53.50 Mar/18
Japan 51.30 Mar/18
Russia 53.20 Mar/18
United Kingdom 52.50 Mar/18
United States 54.80 Apr/18


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