The Standard Bank Mozambique PMI fell to 49.9 in April 2019 from 50.4 in the previous month. The latest PMI reading pointed the first contraction in private sector in 10 months, as output growth was the weakest in 8 months and new orders rose the least in 10 months, with demand being partly affected by Cyclone Idai. Meantime, the rate of job creation slowed markedly and purchasing activity fell for first time in 13 months, mainly due to an excess supply of inventories in this period of softer demand growth. In terms of prices, input price inflation dipped in April, following broadly unchanged rates of inflation in Q1 2019. However, some firms raised output charges, as they found that a fall in the value of the metical led to higher import prices. Looking ahead, business sentiment remained positive overall but was the weakest since November 2016, linked to subdued demand and the effects of Cyclone Idai on the economy. Composite Pmi in Mozambique is reported by Markit Economics.

Mozambique Standard Bank PMI
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Mozambique Business Last Previous Highest Lowest Unit
Business Confidence 95.60 98.50 109.18 86.60 Index Points [+]
Industrial Production 8.50 7.90 38.20 -12.70 percent [+]
Industrial Production Mom -11.10 -1.80 20.90 -32.50 percent [+]
Internet Speed 2364.38 2690.05 2690.05 235.88 KBps [+]
IP Addresses 60570.00 57816.00 99773.00 6811.00 IP [+]
Leading Economic Index 0.10 -12.80 15.80 -15.80 percent [+]
Mining Production 14.50 5.30 204.50 -34.80 percent [+]
Changes In Inventories 55713.00 122677.00 122677.00 -643.00 MZN Million [+]
Competitiveness Index 39.75 41.90 41.90 3.01 Points [+]
Competitiveness Rank 133.00 125.00 138.00 119.00 [+]
Composite Pmi 49.90 50.40 51.00 49.90 [+]
Ease of Doing Business 135.00 138.00 142.00 128.00 [+]
Corruption Index 23.00 25.00 35.00 22.00 Points [+]
Corruption Rank 158.00 153.00 158.00 56.00 [+]


Mozambique Standard Bank PMI

The Standard Bank Mozambique PMI™ is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 400 private sector companies. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. The sectors covered by the survey include agriculture, mining, manufacturing, construction, wholesale, retail and services. Survey responses are collected in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted. The headline figure is the Purchasing Managers’ Index™ (PMI). The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. This page provides - Mozambique Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Standard Bank PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.90 50.40 51.00 49.90 2019 - 2019 Monthly
SA




Country Last Previous
Australia 52.20 May/19
Brazil 50.60 Apr/19
China 52.70 Apr/19
Euro Area 51.60 May/19
France 51.30 May/19
Germany 52.40 May/19
India 51.70 Apr/19
Italy 49.50 Apr/19
Japan 50.80 Apr/19
Russia 53.00 Apr/19
Singapore 53.30 Apr/19
South Africa 50.30 Apr/19
United Kingdom 50.90 Apr/19
United States 50.90 May/19


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