Nigeria Composite PMI


Nigeria Composite PMI: 36.2 (-23.14%)
Last Update: April 30, 2020

Nigeria Composite PMI closed down 36.2 as of April 30, 2020 from 47.1 from the previous month and 3.37 from last year.


Nigeria Composite PMI Analytics & Data




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Nigeria Composite PMI

DateValues
2020-04-30 36.2
2020-03-31 47.1
2020-02-29 52.7
2020-01-31 51.1
2019-12-31 52.7
2018-12-31 47.53
2017-12-31 48.04
2016-12-31 3.46
2015-12-31 3.43
2014-12-31 3.57
2013-12-31 3.67
2012-12-31 3.44
2011-12-31 3.37
2010-12-31 3.64
2009-12-31 3.81
2008-12-31 3.69
2007-12-31 3.58

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Nigeria Composite PMI Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
Composite PMIng.comppmi36.247.1-23974UPUP02020-04-30

Nigeria Composite PMI Factors

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Nigeria Composite PMI Historical Data

The MacroVar database offers free access to historical data for the Nigeria Composite PMI, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Nigeria Composite PMI data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Nigeria Composite PMI

The Nigeria Composite Purchasing Managers' Index (PMI) is a leading indicator of economic performance in Nigeria. It is based on a survey of purchasing managers in both the manufacturing and services sectors, providing insights into business conditions such as production, new orders, employment, and supplier deliveries. A reading above 50 indicates expansion in the economy, while a reading below 50 suggests contraction. The Nigeria Composite PMI is a valuable tool for policymakers, investors, and businesses in monitoring the health of the economy and making informed decisions.