The Stanbic Bank Zambia PMI rose to 46.6 in June 2019 from 43.9 in the previous month, signalling a fourth successive monthly deterioration in the health of the Zambian private sector, though at a softer pace. Output, new orders and employment continued to decline but less, linked to currency weakness and delays in receiving payments from customers. As a result, backlogs of work fell and purchasing activity decreased for the fourth month running. In terms of prices, input inflation accelerated markedly and output charge inflation hit a 43-month high. Looking ahead, companies remained optimistic, amid hopes that market conditions would improve over the coming year. Composite Pmi in Zambia is reported by Markit Economics.

Composite Pmi in Zambia is expected to be 47.40 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Zambia to stand at 50.00 in 12 months time. In the long-term, the Zambia Composite PMI is projected to trend around 50.00 in 2020, according to our econometric models.

Zambia Composite PMI
Forecast Data Chart
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Zambia Business Last Previous Highest Lowest Unit
Manufacturing Production 2.40 2.70 20.46 -21.27 percent [+]
Internet Speed 2303.04 2325.33 2325.33 117.23 KBps [+]
IP Addresses 248931.00 252039.00 267895.00 3301.00 IP [+]
Mining Production 7.90 4.30 26.02 -12.10 percent [+]
Industrial Production 6.40 4.20 15.11 -8.38 percent [+]
Ease of Doing Business 87.00 85.00 99.00 80.00 [+]
Electricity Production 3701.86 3691.03 3701.86 2601.39 Gigawatt-hour [+]
Corruption Index 35.00 37.00 38.00 25.00 Points [+]
Corruption Rank 105.00 96.00 123.00 52.00 [+]
Competitiveness Index 46.05 45.43 46.05 3.16 Points [+]
Competitiveness Rank 118.00 115.00 122.00 93.00 [+]
Composite Pmi 46.60 43.90 54.70 43.70 [+]

Zambia Composite PMI

The Stanbic Bank Zambia Purchasing Managers’ Index is based on data compiled from monthly replies to questionnaires sent to purchasing executives in approximately 400 private sector companies, which have been carefully selected to accurately represent the true structure of the Zambian economy, including agriculture, construction, industry, services and wholesale & retail. The panel is stratified by GDP and company workforce size. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. A reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. The Purchasing Managers’ Index™ (PMI™) is a composite index based on five of the individual sub-components with the following weights: New Orders - 0.3, Output - 0.25, Employment - 0.2, Suppliers’ Delivery Times - 0.15, Stock of Items Purchased - 0.1, with the Suppliers’ Delivery Times sub-component inverted so that it moves in a comparable direction. This page provides - Zambia Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Composite PMI - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
46.60 43.90 54.70 43.70 2017 - 2019 Monthly

Country Last Previous
Australia 52.50 Jun/19
Brazil 49.00 Jun/19
China 50.60 Jun/19
Euro Area 52.20 Jun/19
France 52.70 Jun/19
Germany 52.60 Jun/19
India 50.80 Jun/19
Italy 50.10 Jun/19
Japan 50.80 Jun/19
Russia 49.20 Jun/19
Singapore 50.60 Jun/19
South Africa 49.70 Jun/19
United Kingdom 49.70 Jun/19
United States 51.50 Jun/19