CBN Publishes Purchasing Managers Index Report- April 2016

CBN

2/5/2016/CBN

1.0 Introduction

The Statistics Department, Central Bank of Nigeria conducts a monthly survey of purchasing and supply executives of manufacturing and non-manufacturing organizations in 13 locations in Nigeria: – two states in each of the six geo-political zones, and the FCT (Fig. 1).

The survey result is used to compute the monthly Purchasing Managers’ Index (PMI). The survey was conducted during April 14-22, 2016. The April 2016 survey recorded a response rate of 82.5 per cent, with a total of 1,608 responses received from 1,950 respondents.

The Bank makes no representation regarding the individual companies, other than that stated by the respondents. The data contained herein further provides input for policy decisions.

http://www.cbn.gov.ng/Out/2016/SD/April%202016%20PMI%20%20Report.pdf

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