Nigeria composite pmi


Nigeria composite pmi: 54.5 (3.42%)
Last Update: January 31, 2024

Nigeria composite pmi closed down 54.5 as of January 31, 2024 from 52.7 from the previous month and 53.5 from last year.


Nigeria composite pmi Analytics & Data




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Nigeria composite pmi

Date Values
2024-01-31 54.5
2023-12-31 52.7
2023-11-30 48
2023-10-31 49.1
2023-09-30 51.1
2023-08-31 50.2
2023-07-31 51.7
2023-06-30 53.2
2023-05-31 54
2023-04-30 53.8
2023-03-31 42.3
2023-02-28 44.7
2023-01-31 53.5
2022-12-31 54.6
2022-11-30 54.3
2022-10-31 53.6
2022-09-30 53.7
2022-08-31 52.3
2022-07-31 53.2
2022-06-30 50.9


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Nigeria composite pmi Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
composite pmi ng.comppmi 54.5 52.7 3 2 UP UP 72 2024-01-31

Nigeria composite pmi Factors

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What is the Nigeria composite pmi

Welcome to our webpage dedicated to Nigeria's Composite Purchasing Managers' Index (PMI) data. Here, we provide you with current and historical data, along with various analytics, charts, and trends to help you understand and interpret the PMI.

The Nigeria Composite PMI is a reliable economic indicator that measures the health of the private sector in Nigeria. It combines both the Manufacturing PMI and the Services PMI, giving you a comprehensive overview of the country's business activity.

Interpreting the Nigeria Composite PMI: - A PMI reading above 50 indicates expansion in the private sector, signaling economic growth. - A PMI reading below 50 suggests contraction, indicating a slowdown in economic activity. - The higher the PMI reading above 50, the stronger the expansion, and vice versa.

By referring to our webpage, you can access the latest PMI data, presented in interactive charts and graphs. These visualizations enable you to quickly grasp the PMI trends over time and identify any significant changes in the private sector's performance.

Our analytics section offers deeper insights into the data by analyzing historical trends and providing information on sector-specific performance. This analysis allows you to understand the factors influencing the private sector's growth or contraction, enabling more informed decision-making.

One of the benefits of our webpage is the ability to export the historical data for free. This feature allows you to download the PMI data and perform further analysis based on your specific needs or to integrate it into your own modeling systems.

Additionally, we offer MacroVar signals, trends, and analysis alongside the PMI data. These features provide you with a comprehensive understanding of broader macroeconomic indicators and their impact on Nigeria's private sector performance. You can utilize this information to anticipate potential future changes and adjust your strategies accordingly.

We believe that by offering current and historical PMI data, along with various analytical tools, our webpage equips you with valuable insights into Nigeria's private sector performance. Whether you are an analyst, economist, or business professional, our comprehensive data and tools will assist you in making well-informed decisions. Start exploring now and unlock the potential of Nigeria's Composite PMI.

Nigeria Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
NSE All Share ALLSHARE 71230.5 1 1 1.60129 74.6549 0.0025 0.00165 0.06098 0.61846
Nigeria ETF NGE 7.75 -0.5 -1 -1.59522 38.6064 0.0144 0.02513 -0.07468 0.053
Nigerian Naira US Dollar (NGN/USD) NGNUSD 788.33 0 1 1.11221 50.9669 0.00169 -0.00211 0.02176 0.78683
Nigeria 10-year bond yield NG.10Y 15.433 1 1 2.13446 67.3937 0.00823 0.03251 0.04944 0.07525
Nigeria 2-Year Bond Yield NG.2Y 15.147 0 0 0 0 0 0 0 0
Nigeria Yield Curve NG.YC 0.784 -1 -1 -3.5335 29.4427 -0.73442 -0.69706 -0.59017 -0.72179
Nigeria Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade ng.balanceoftrade 1741090 -653831 -366 -2746 UP UP 3 2023-07-31
business confidence ng.bizconfidence -15.2 -1.5 913 -152 Down Down 32 2020-12-01
capacity utilization ng.caputilization 54.9 56.4 -3 37 UP UP 0 2023-06-30
cash reserve ratio ng.cashreserveratio 32.5 27.5 18 18 UP UP 80 2021-12-31
composite pmi ng.comppmi 54.5 52.7 3 2 UP UP 72 2024-01-31
consumer confidence ng.consconfidence -14.8 -21.2 -30 -1580 Down Down 0 2020-12-31
consumer price index cpi ng.cpi 660.8 643.8 3 30 UP UP 100 2024-01-31
core inflation rate ng.coreinflationrate 22.7 22.1 3 28 UP UP 72 2023-10-31
current account ng.currentaccount 2490 2348.31 6 -152 UP UP 30 2023-03-31
current account to gdp ng.currentaccountgdp -0.3 -0.5 -40 -110 Down Down 0 2023-01-31
deposit interest rate ng.depositrate 7.68 7.95 -3 69 UP UP 86 2023-06-30
exports ng.exports 3026630 1878040 61 44 UP UP 72 2023-02-28
external debt ng.externaldebt 41594.5 43159.2 -4 30 UP UP 0 2023-09-30
fiscal expenditure ng.fiscalexp 4040.18 4175.35 -3 90 UP UP 0 2023-09-30
foreign exchange reserves ng.fxreserves 33370 32870 2 -10 Down Down 38 2024-01-31
gdp ng.gdp 472.62 440.84 7 17 UP UP 0 2023-01-31
Real GDP ng.realgdp 19442300 17719300 10 9 UP UP 49 2023-09-30
gdp growth ng.gdpgrowth 9.7 -0.17 -5806 -20 UP Down 0 2023-09-30
gdp growth annual ng.gdpgrowthan 2.51 2.31 9 -169 Down UP 13 2023-09-30
gold reserves ng.goldres 21.37 21.46 0 0 Down Down 51 2021-06-30
government budget ng.govbudget -5 0 0 178 Down Down 0 2023-01-31
Government budget ng.govbudgetvalue -2347.16 -2665.26 -12 88 Down Down 0 2023-09-30
government debt to gdp ng.govdebtgdp 38 36.5 4 304 UP UP 0 2022-01-31
government revenues ng.govrev 1693.02 1510.09 12 70 UP UP 0 2023-09-30
imports ng.imports 1285540 2531870 -49 -37 Down Down 3 2023-02-28
industrial production ng.indproduction -9.7 15.2 -164 31 Down Down 0 2023-06-30
interest rate ng.interestrate 18.75 18.5 1 34 UP UP 85 2023-07-25
lending rate ng.lendingrate 13.85 14.07 -2 14 UP UP 91 2023-06-30
manufacturing pmi ng.manpmi 42.8 49.4 -13 -16 Down Down 18 2023-06-30
money supply m0 ng.msm0 3653300 3347720 9 21 UP UP 89 2023-12-31
money supply m1 ng.msm1 29720600 26185000 14 44 UP UP 93 2023-12-31
money supply m2 ng.msm2 78317100 71331600 10 51 UP UP 98 2023-12-31
services pmi ng.servpmi 51.1 52.7 -3 3 UP UP 60 2023-06-30
unemployment rate ng.unemploymentrate 5 4.2 19 -64 Down Down 0 2021-06-30
youth unemployment rate ng.ytunemploymentrate 8.6 7.2 19 -66 Down Down 0 2021-09-30