Nigeria: Purchasing Index Shows Slowed Manufacturing Sector

27 April 2017

The Purchasing Manager's Index (PMI) has shown that Nigeria's manufacturing sector is still in crisis despite improvements being recorded in the economy.

Data sourced from the Central Bank of Nigeria (CBN) showed that the manufacturing PMI stood at 47.7 index points in March 2017, indicating declines in the manufacturing sector for the third consecutive month.

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