The Stanbic Bank Zambia PMI edged up to 49.8 in August of 2021 from 49.4 in the previous month, signalling encouragement for the Zambian private sector. New orders grew marginally for the first time in four months while output declined due to a pause in activity during the election period. Meanwhile, employment was up for a third consecutive month while suppliers’ delivery times lengthened for the first time in four months as respondents indicated that COVID-19 restrictions contributed to longer lead times. On the price front, input cost inflation slowed to a seven-month low. Looking forward, business sentiment improved but still remained below the series average. source: Markit Economics
Composite PMI in Zambia averaged 48.28 points from 2017 until 2021, reaching an all time high of 54.70 points in November of 2017 and a record low of 34.80 points in May of 2020. This page provides - Zambia Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Stanbic Bank Zambia Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Composite PMI in Zambia is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Stanbic Bank Zambia Composite PMI is projected to trend around 49.60 points in 2022, according to our econometric models.