Nigeria’s PMI Slides To 50.1 In June

The country’s Purchasing Managers’ Index (PMI) eased to 50.1 in June from 52.1 in May, Stanbic IBTC Bank’s latest Nigeria PMI report has said. According to the report, the June reading of 50.1, which was the lowest in seven months, “signalled a broad stagnation of the Nigerian private sector as subdued demand and intense price...The post Nigeria’s PMI Slides To 50.1 In June first appeared on New Telegraph.The post Nigeria’s PMI Slides To 50.1 In June appeared first on New Telegraph.

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