CBN re-introduces publication of Purchasing Managers’ Index, other economic reports
The Central Bank of Nigeria (CBN) on Tuesday said has reintroduced the publication of several key economic reports.
Ag. Director, Corporate Communications, CBN, Mrs. Hakama Sidi Ali in a signed statement reaffirmed the apex bank’s commitment to fostering transparency and accountability in the Nigerian economy.
The report reads, “These reports, including the Purchasing Managers’ Index (PMI), Business Expectation Survey (BES), Inflation Expectation Report, and other macroeconomic indicators, will provide stakeholders with timely and accurate insights into the country’s economic performance.
“The reintroduction of these reports, part of the ongoing data enhancement initiative within the CBN, aims to ensure that the public, policymakers, and the business community have access to essential economic indicators.
The PMI, which assesses the health of the manufacturing, services, and agricultural sectors, along with the business and household expectations reports, are crucial tools for understanding Nigeria’s economic climate.
”These reports offer valuable insights into the perceptions and outlooks within the business and household sectors, respectively. This initiative is part of the Bank’s broader efforts to enhance transparency, promote informed decision-making, and support economic growth.”
The reports will be regularly available on the Bank’s official website (www.cbn.gov.ng), ensuring easy access for all interested parties.
The CBN urges economists, analysts, investors, media, and the general public to utilize these reports to gain a deeper understanding of Nigeria’s economic landscape, thereby contributing to a more inclusive and informed economic dialogue.
