The monthly Stanbic Purchasing Managers’ Index (PMI), which provides a measure of prevailing private sector outlook, dropped to 53.1 during December compared to the 55.7 reading posted in November. Christopher …
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Output and new orders contract Input costs rise amid higher purchase prices and wage bills Firms remain confident in the outlook as employment grows
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Private Sector Output Continues Growth for Nineteenth Consecutive Month
The private sector has sustained its upward trajectory for the nineteenth consecutive month, as reported by the Stanbic Purchasing Managers’ Index (PMI). Despite a slight dip in activity recorded in …