Tag: PMI

Economists and analysts looking to assess the state of the Nigerian economy are struggling to rely on data to predict ...

The global economy needs 25 million new project professionals by 2030, a report by Project Management Institute (PMI) has said.

The Central Bank of Nigeria (CBN)  stated that the increase in Manufacturing Purchasing Managers’ Index (PMI)  is reflective of the ...

The manufacturing sector relapsed in December from 50.2 index points recorded in the month of November 2020.

The manufacturing PMI rose to 50.2 points in November from 49.4 points recorded in October and 46.9 in September 2020.

Manufacturing PMI has remained below 50 index points for the past six consecutive months.

The manufacturing sector contracted for the sixth consecutive month as 8 subsectors contracted out of 14.

The CBN disclosed in its September PMI report that the manufacturing sector contracted.

For the second consecutive month, the non-manufacturing PMI showed broad-based improvement.

As key sectors continue to suffer contraction, unemployment may surge in the economy.