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Nairametrics
Home Economy Macros

Latest Nigeria’s Manufacturing Purchasing Managers’ Index (Updated May 2018)

Research Team by Research Team
June 5, 2018
in Macros
Chart: Maximum vs Prime Lending Rates in Nigeria
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Nigeria’s Manufacturing Purchasing Managers’ Index (PMI) was 56.5 for the quarter ending May 2018. This compares to a Manufacturing Purchasing Managers’ Index (PMI) of 56.9 for the immediate past month ended April 2018.

This is according to data recently published by the Central Bank of Nigeria.

[wpdatachart id=220]

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[wpdatatable id=443]

According to the CBN, The Manufacturing and Non-Manufacturing PMI Report on businesses is based on survey responses, indicating the changes in the level of business activities in the current month compared with the preceding month.


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Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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