Nigeria Historical Purchasing Managers Index (Updated July 2017)


Nairametrics|The Manufacturing PMI stood at 52.9 index points in June 2017 compared to 52.5 in May. This indicates a rebound in the manufacturing sector during the review period. .

The composite PMI for the non-manufacturing sector snapped off an eleventh month consecutive decline to rise to 48.2 points in December 2016 compared to 42.8 points in November 2016.

The Statistics Department, Central Bank of Nigeria conducts a monthly survey of purchasing and supply executives of manufacturing and non-manufacturing organizations in 13 locations in Nigeria; two states in each of the six geo-political zones, and the FCT. The survey results are used to compute the monthly Purchasing Managers’ Index (PMI).

A composite PMI above 50 points indicates that the manufacturing/non-manufacturing economy is generally expanding, 50 points indicates no change and below 50 points indicates that it is generally declining.

Purchasing Mangers Index - Nigeria



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