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Topic: Strong Output, New Order Growth Drives PMI To 56.4 Points  (Read 826 times)

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Strong Output, New Order Growth Drives PMI To 56.4 Points
« on: January 07, 2022, 07:05:45 AM »
Strong Output, New Order Growth Drives PMI To 56.4 Points

Nigeria’s private sector ended the final month of 2021 on a robust expansion as Purchasing Managers Index (PMI) recorded 56.4 points. The PMI report for December 2021 by Stanbic IBTC Bank, Nigeria, stated that, quicker uplifts in output and new orders as well as record inventory building were central to the improvement. The bank said, […]

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