The Stanbic Bank Uganda PMI increased to 56.6 in October of 2018 from 54.2 in the previous month. The latest reading pointed to the 21st straight month of expansion in the private sector and the strongest growth since the series began in June 2016, as output, new orders and employment continued to rise. Also, purchasing activity went up for eighth straight month, linked to rising new orders. On the price front, input costs rose amid higher prices for purchases and staff as well as increased fuel, waster, and electricity. These gains encouraged firms to raise output prices. Composite Pmi in Uganda is reported by Markit Economics.

Uganda Composite Pmi
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Uganda Business Last Previous Highest Lowest Unit
Business Confidence 56.73 56.52 62.63 51.97 Index Points [+]
Leading Economic Index 220.00 217.99 220.00 94.67 Index Points [+]
Internet Speed 2353.31 2515.97 2515.97 104.48 KBps [+]
IP Addresses 20690.00 19366.00 22382.00 1926.00 IP [+]
Ease of Doing Business 127.00 122.00 135.00 106.00 [+]
Corruption Index 26.00 25.00 29.00 19.00 Points [+]
Corruption Rank 151.00 151.00 151.00 43.00 [+]
Changes In Inventories 197.42 197.42 197.98 126.47 UGX billion [+]
Competitiveness Index 46.80 46.97 46.97 3.33 Points [+]
Competitiveness Rank 117.00 113.00 129.00 108.00 [+]
Composite Pmi 56.60 54.20 56.60 47.70 [+]

Uganda Composite Pmi

The Stanbic Bank Uganda Purchasing Managers’ Index is based on data compiled from monthly replies to questionnaires sent to purchasing executives in approximately 400 private sector companies, which have been carefully selected to accurately represent the true structure of the Ugandan economy, including agriculture, construction, industry, services and wholesale & retail. The panel is stratified by GDP and company workforce size. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. A reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. The Purchasing Managers’ Index™ (PMI™) is a composite index based on five of the individual sub-components with the following weights: New Orders - 0.3, Output - 0.25, Employment - 0.2, Suppliers’ Delivery Times - 0.15, Stock of Items Purchased - 0.1, with the Suppliers’ Delivery Times sub-component inverted so that it moves in a comparable direction. This page provides - Uganda Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Uganda Composite Pmi - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
56.60 54.20 56.60 47.70 2016 - 2018 Monthly

Country Last
Australia 52.00 Oct/18
Brazil 50.50 Oct/18
China 50.50 Oct/18
Euro Area 53.10 Oct/18
France 54.10 Oct/18
Germany 53.40 Oct/18
India 53.00 Oct/18
Italy 49.30 Oct/18
Japan 52.50 Oct/18
Russia 55.80 Oct/18
Singapore 52.60 Oct/18
South Africa 46.90 Oct/18
United Kingdom 52.10 Oct/18
United States 54.90 Oct/18