Nigeria manufacturing pmi

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Nigeria manufacturing pmi: 42.8 (-13.36%)
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 closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Nigeria manufacturing pmi

DateValues
2023-08-31 42.8
2023-07-31 49.4
2023-06-30 50.3
2023-05-31 53.6
2023-04-30 51.6
2023-03-31 40.7
2023-02-28 38.4
2023-01-31 49.2
2022-12-31 48.7
2022-11-30 47.4
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 50.1
2022-01-31 51.4
2021-12-31 52
2021-11-30 50.8
2021-10-31 47.3
2021-09-30 46.6

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Nigeria manufacturing pmi Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
manufacturing pming.manpmi42.849.4-13-18DownDown122023-08-31

Nigeria manufacturing pmi Factors

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Nigeria manufacturing pmi Historical Data

The MacroVar database offers free access to historical data for the Nigeria manufacturing 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 manufacturing pmi data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Nigeria manufacturing pmi

The Nigeria Manufacturing Purchasing Managers' Index (PMI) is a monthly survey conducted by the Central Bank of Nigeria to gauge the economic health of the manufacturing sector in the country. The PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries, and employment. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 indicates contraction. The Nigeria Manufacturing PMI is an important tool for policymakers, investors, and businesses to assess the current state of the manufacturing industry and make informed decisions about future investments and economic policies.

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