Nigeria Non Manufacturing PMI  2014-2017 | Data | Chart | Calendar

The Central Bank of Nigeria composite PMI for the non-manufacturing sector fell slightly to 54.1 in August of 2017 from 54.4 in July. The figure pointed to the fourth month of expansion in non-manufacturing activity but the smallest since May. Business activity and new orders increased for the fifth straight month, but at a softer pace. Meanwhile, employment grew faster and inventories also went up. On the price front, input inflation eased. Services Pmi in Nigeria averaged 48.57 from 2014 until 2017, reaching an all time high of 54.40 in July of 2017 and a record low of 41 in September of 2016.

Nigeria Non Manufacturing PMI
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Nigeria Business Last Previous Highest Lowest Unit
Business Confidence -1.50 -27.70 41.10 -29.00 [+]
Industrial Production -1.10 -8.70 20.10 -10.10 percent [+]
Manufacturing Production 1.40 -2.90 24.60 -7.00 percent [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]
Services Pmi 54.10 54.40 54.40 41.00 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 53.60 54.10 54.10 41.90 [+]
Ease of Doing Business 169.00 170.00 170.00 120.00 [+]
Corruption Index 28.00 26.00 28.00 6.90 Points [+]
Corruption Rank 136.00 136.00 152.00 52.00 [+]
Changes In Inventories 125617.00 127424.00 146214.53 32488.05 NGN Million [+]
Competitiveness Index 3.39 3.46 3.81 3.37 Points [+]
Competitiveness Rank 127.00 124.00 127.00 94.00 [+]
Composite Pmi 55.00 54.80 55.00 46.30 [+]
Capacity Utilization 48.50 48.50 60.50 48.50 percent [+]


Nigeria Non Manufacturing PMI

The Composite Non-Manufacturing PMI measures the performance of the non 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 and is presented as an average of: production level (25 percent of weight), new orders (30 percent), supplier deliveries (15 percent) and employment level and inventories (20 percent). 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 Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Non Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
54.10 54.40 54.40 41.00 2014 - 2017 Monthly




services pmi by Country

Last
Australia 53.00 Aug/17
Brazil 49.00 Aug/17
China 52.70 Aug/17
Euro Area 55.60 Sep/17
France 57.10 Sep/17
Germany 55.60 Sep/17
India 47.50 Aug/17
Italy 55.10 Aug/17
Japan 51.60 Aug/17
Russia 54.20 Aug/17
Spain 56.00 Aug/17
United Kingdom 53.20 Aug/17
United States 55.10 Sep/17