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

The Central Bank of Nigeria composite PMI for the non-manufacturing sector rose to 57.5 in April of 2018 from 57.2 in the prior month. The reading pointed to a faster expansion in non-manufacturing activity as business activity (58.8 from 58.7 in March), new orders (56.4 from 55.8), inventories (59.5 from 59.2) and employment (55.3 from 55.1) accelerated. On the price front, input price inflation remained steady (50.3, the same as in March). Services Pmi in Nigeria averaged 51.03 from 2014 until 2018, reaching an all time high of 62.10 in December 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 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 56.90 56.70 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 58.10 58.80 58.80 46.30 [+]
Capacity Utilization 54.50 54.00 60.50 48.50 percent [+]
Services Pmi 57.50 57.20 62.10 41.00 [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]


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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
57.50 57.20 62.10 41.00 2014 - 2018 Monthly




services pmi by Country
Country Last
Australia 55.20 Apr/18
Brazil 50.00 Apr/18
China 52.90 Apr/18
Euro Area 54.70 Apr/18
France 57.40 Apr/18
Germany 53.00 Apr/18
India 51.40 Apr/18
Italy 52.60 Apr/18
Japan 52.50 Apr/18
Russia 55.50 Apr/18
Spain 55.60 Apr/18
United Kingdom 52.80 Apr/18
United States 54.60 Apr/18


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