Nigeria manufacturing pmi
Nigeria manufacturing pmi: 42.8 (-13.36%)
Last Update: August 31, 2023
Last Update: August 31, 2023
Nigeria manufacturing pmi closed down 42.8 as of August 31, 2023 from 49.4 from the previous month and 52.3 from last year.
Nigeria manufacturing pmi Analytics & Data
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Nigeria manufacturing pmi
| Date | Values |
|---|---|
| 2023-08-31 | 42.8 |
| 2023-07-31 | 49.4 |
| 2023-06-30 | 42.8 |
| 2023-05-31 | 49.4 |
| 2023-04-30 | 51.6 |
| 2023-03-31 | 40.7 |
| 2023-02-28 | 38.4 |
| 2023-01-31 | 49.2 |
| 2022-12-31 | 50 |
| 2022-11-30 | 49.1 |
| 2022-10-31 | 47.8 |
| 2022-09-30 | 46.5 |
| 2022-08-31 | 52.3 |
| 2022-07-31 | 53.2 |
| 2022-06-30 | 50.9 |
| 2022-05-31 | 50.1 |
| 2022-04-30 | 48.9 |
| 2022-03-31 | 49.1 |
| 2022-02-28 | 53.2 |
| 2022-01-31 | 51.4 |
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Nigeria manufacturing pmi Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| manufacturing pmi | ng.manpmi | 42.8 | 49.4 | -13 | -16 | Down | Down | 18 | 2023-06-30 |
Nigeria manufacturing pmi Factors
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What is the Nigeria manufacturing pmi
Welcome to our webpage dedicated to Nigeria Manufacturing PMI data. Here, you can find all the latest and historical information, trends, signals, analytics, and charts related to Nigeria's manufacturing Purchasing Managers' Index (PMI).The Nigeria Manufacturing PMI is a key economic indicator that measures the health and performance of the country's manufacturing sector. It is calculated based on monthly surveys conducted with purchasing managers from a representative sample of manufacturing companies across Nigeria.
Interpreting Nigeria Manufacturing PMI: The PMI is derived from a survey questionnaire, where purchasing managers provide answers on important aspects such as new orders, production levels, employment, supplier deliveries, and inventories. The responses are recorded as diffusion indexes, ranging from 0 to 100, with a reading above 50 indicating expansion in the manufacturing sector and below 50 indicating contraction.
Key aspects of interpreting Nigeria Manufacturing PMI include:
1. Expansion or Contraction: A PMI reading above 50 signals expansion in the manufacturing sector, implying a favorable economic environment. Conversely, a reading below 50 indicates a contraction, suggesting potential challenges for the sector.
2. Components: Analyzing the components of the PMI can provide deeper insights. For example, if new orders and production levels are increasing (above 50), it indicates growing demand, which can be positive for the overall economy.
3. Trends and Changes: Study the trends over time to identify patterns or changes in the manufacturing sector's performance. A sustained increase or decrease in the PMI can indicate the overall direction in which the sector is heading.
On our webpage, you can access current and historical PMI data using interactive charts and graphs. You can explore different time periods, filter data based on specific components, and compare with other economic indicators.
Moreover, users can also export the historical data for free, enabling further analysis and integration into their own systems for comprehensive research and forecasting.
In addition to PMI data, our webpage also provides MacroVar signals, trends, and analysis. These insights can further enhance your understanding of Nigeria's manufacturing sector and its impact on the broader economy.
Stay informed and make data-driven decisions by exploring our Nigeria Manufacturing PMI webpage today.
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 |
| 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 | 45 | 45 | 0 | 38 | UP | UP | 99 | 2024-02-29 |
| composite pmi | ng.comppmi | 51.1 | 52.7 | -3 | 21 | Down | UP | 97 | 2024-03-31 |
| consumer confidence | ng.consconfidence | -14.8 | -21.2 | -30 | -1580 | Down | Down | 0 | 2020-12-31 |
| consumer price index cpi | ng.cpi | 701.9 | 681.4 | 3 | 33 | UP | UP | 100 | 2024-03-31 |
| core inflation rate | ng.coreinflationrate | 25.39 | 24.67 | 3 | 35 | UP | UP | 92 | 2024-02-29 |
| current account | ng.currentaccount | 3280 | 2870 | 14 | -200 | UP | UP | 23 | 2023-06-30 |
| 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 | 34260 | 33520 | 2 | -4 | UP | Down | 72 | 2024-03-31 |
| gdp | ng.gdp | 472.62 | 440.84 | 7 | 17 | UP | UP | 0 | 2023-01-31 |
| Real GDP | ng.realgdp | 21773300 | 19442300 | 12 | 11 | UP | UP | 53 | 2023-12-31 |
| gdp growth | ng.gdpgrowth | 12 | 9.7 | 24 | -1600 | UP | UP | 0 | 2023-12-31 |
| gdp growth annual | ng.gdpgrowthan | 3.46 | 2.54 | 36 | 3045 | UP | UP | 100 | 2023-12-31 |
| gold reserves | ng.goldres | 21.37 | 21.46 | 0 | 0 | Down | Down | 51 | 2021-06-30 |
| government budget | ng.govbudget | -6.1 | -5 | 22 | 336 | Down | Down | 0 | 2024-01-31 |
| Government budget | ng.govbudgetvalue | -2347.16 | -2665.26 | -12 | 88 | Down | Down | 0 | 2023-09-30 |
| government debt to gdp | ng.govdebtgdp | 38.8 | 38 | 2 | 123 | UP | UP | 0 | 2023-01-31 |
| 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 | 3693570 | 3650500 | 1 | 276 | UP | UP | 100 | 2024-02-29 |
| money supply m1 | ng.msm1 | 30277200 | 31158900 | -3 | 44 | UP | UP | 90 | 2024-02-29 |
| money supply m2 | ng.msm2 | 93968500 | 92843000 | 1 | 78 | UP | UP | 98 | 2024-02-29 |
| 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 |