Composite PMI in Nigeria remained unchanged at 53.90 points in May from 53.90 points in May of 2022. source: Markit Economics
Composite PMI in Nigeria averaged 53.34 points from 2014 until 2022, reaching an all time high of 59.10 points in May of 2018 and a record low of 37.10 points in April of 2020. This page provides - Nigeria Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Stanbic IBTC Bank Nigeria PMI - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Composite PMI in Nigeria is expected to be 52.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Stanbic IBTC Bank Nigeria PMI is projected to trend around 53.00 points in 2023 and 54.00 points in 2024, according to our econometric models.