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

The Central Bank of Nigeria composite PMI for the non-manufacturing sector increased to 52.7 in May of 2017 from 49.5 in the previous month. The reading pointed to the first month of expansion in non-manufacturing activity since December of 2015, after sixteen straight months of contraction. Business activity accelerated, new orders increased and employment expanded. By sectors, growth was recorded in: agriculture; transport and warehousing; educational services; electricity,gas, steam and air conditioning supply; utilities; information and communication; water supply, sewage and waste management; accommodation and food services; health care and social assistance; and finance and insurance. Services Pmi in Nigeria averaged 48 from 2014 until 2017, reaching an all time high of 54 in February of 2015 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 -27.70 -29.00 41.10 -29.00 [+]
Industrial Production -8.70 -3.60 20.10 -10.10 percent [+]
Manufacturing Production -2.90 -4.40 24.60 -7.00 percent [+]
Mni Business Sentiment 54.70 58.90 69.60 41.60 [+]
Services Pmi 52.70 49.50 54.00 41.00 [+]
Leading Economic Index 45.90 45.50 53.00 45.50 percent [+]
Manufacturing Pmi 52.50 51.10 53.00 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 54.40 53.60 54.50 46.30 [+]
Capacity Utilization 48.50 48.40 60.50 48.40 percent [+]


Nigeria Non Manufacturing PMI Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
52.70 49.50 54.00 41.00 2014 - 2017 Monthly



services pmi by Country

Last
Australia 51.50 May/17
Brazil 49.20 May/17
China 52.80 May/17
Euro Area 54.70 Jun/17
France 55.30 Jun/17
Germany 53.70 Jun/17
India 52.20 May/17
Italy 55.10 May/17
Japan 53.00 May/17
Russia 56.30 May/17
Spain 57.30 May/17
United Kingdom 53.80 May/17
United States 53.00 Jun/17