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

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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.

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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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