Both Manufacturing and Services Purchasing Managers’ Indices increased in December 2023
Manufacturing PMI recorded an index value of 52.7 in December 2023, indicating an expansion in manufacturing activities. This improvement was attributable to the increases observed in all the sub-indices except Employment.
Services sector PMI recorded an index value of 58.9 in December 2023 indicating an expansion in the services activities. This was led by the increases observed in New Businesses, Business Activities and Expectations for Activity.
Published Date:
Tuesday, January 16, 2024