Nigeria Manufacturing PMI  2014-2018 | Data | Chart | Calendar | Forecast

The Central Bank of Nigeria Manufacturing PMI rose to 57.0 in June 2018 from 56.5 in the previous month. The reading pointed to the fastest expansion in the factory sector since January, mainly due to increases in new orders (56.2 from 54.9 in May), production (59.2 from 58.8) and employment (55.4 from 55.2). Meanwhile, new export orders decreased (37.6 from 40.1) and purchasing activity weakened (47.6 from 50.8). In terms of prices, input price inflation rose slightly (61.9 from 61.8) while output inflation softened (53.8 from 53.9). Manufacturing Pmi in Nigeria averaged 50.46 from 2014 until 2018, reaching an all time high of 59.30 in December of 2017 and a record low of 41.90 in June of 2016.

Nigeria Manufacturing PMI
width
height
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



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 57.00 56.50 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 58.40 59.10 59.10 46.30 [+]
Capacity Utilization 54.50 54.00 60.50 48.50 percent [+]
Services Pmi 57.50 57.30 62.10 41.00 [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]


Nigeria Manufacturing PMI

The Composite Manufacturing PMI measures the performance of the manufacturing sector and is derived from a survey of purchasing and supply executives from 13 locations in Nigeria. The survey shows the change, if any, in the current month compared with the previous month. The PMI is presented as an average of variables with the following weights: production level (25 percent), new orders (30 percent), supplier deliveries (15 percent) and employment level and inventories (20 percent). A reading above 50 indicates an expansion; below 50 represents a contraction; while 50 indicates no change. This page provides - Nigeria Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
57.00 56.50 59.30 41.90 2014 - 2018 Monthly




manufacturing pmi by Country
Country Last
Australia 57.40 Jun/18
Brazil 49.80 Jun/18
Canada 57.10 Jun/18
China 51.00 Jun/18
Euro Area 54.90 Jun/18
France 52.50 Jun/18
Germany 55.90 Jun/18
India 53.10 Jun/18
Indonesia 50.30 Jun/18
Italy 53.30 Jun/18
Japan 53.00 Jun/18
Mexico 52.10 Jun/18
Netherlands 60.10 Jun/18
Russia 49.50 Jun/18
South Korea 49.80 Jun/18
Spain 53.40 Jun/18
Switzerland 61.60 Jun/18
Turkey 46.80 Jun/18
United Kingdom 54.40 Jun/18
United States 55.40 Jun/18


Related

Latest