Input cost inflation cools to 10-month low as PMI hits 54.3 in March – Report

Nairametrics | 06-04-2025 02:42am |

Input cost inflation in Nigeria slowed to its weakest pace in 10 months in March 2025, as businesses reported softer increases in both purchase prices and staff costs, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) report. The report read, “Although overall input costs continued to rise sharply, the pace of [...]The post Input cost inflation cools to 10-month low as PMI hits 54.3 in March – Report appeared first on Nairametrics.

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