The manufacturing sector’s Purchasing Managers Index (PMI) in the month of November stood at 50.2 index points, inidcating a growth from the October figure of 49.4 per cent. This was disclosed by the Central Bank of Nigeria (CBN) in its October PMI report released on Wednesday.
According to the report, eight sub-sectors out of 14 sub-sectors surveyed, reported expansion (above 50 per cent threshold) in the month under review.
It listed the sub-sectors that expanded as transportation equipment, nonmetallic mineral products, furniture & related products, cement, textile, apparel, leather & footwear, plastics & rubber products, food, beverage & tobacco products, and printing & related support activities…
More details through:
News Archive from before July 2018