Manufacturing PMI in Nigeria increased to 49 points in April from 48.80 points in March of 2021. source: Central Bank of Nigeria
Manufacturing PMI in Nigeria averaged 51.83 points from 2014 until 2021, reaching an all time high of 61.10 points in December of 2018 and a record low of 41.10 points in June of 2020. This page provides - Nigeria Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Manufacturing PMI in Nigeria is expected to be 48.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Nigeria to stand at 51.00 in 12 months time. In the long-term, the Nigeria Manufacturing PMI is projected to trend around 52.00 points in 2022 and 53.00 points in 2023, according to our econometric models.