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Nigeria's PMI Remains Below 50.0 Amidst Rising Inflation
Nigeria's November PMI registered 49.6, signaling a fifth consecutive month of decline in private sector business conditions, despite a slight increase from October's 46.9, primarily due to rising inflation and unemployment suppressing business activity.
Nigeria's PMI Remains Below 50.0 Amidst Rising Inflation
Nigeria's November PMI registered 49.6, signaling a fifth consecutive month of decline in private sector business conditions, despite a slight increase from October's 46.9, primarily due to rising inflation and unemployment suppressing business activity.
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