Ghana: Purchasing Managers Index (PMI), composite

* indicates monthly or quarterly data series

Purchasing Managers Index (PMI), composite

 Latest value 50.9
 Reference March 2024
 Measure index points
 Data availability May 2018 - March 2024
 Average 50.03
 Min - Max 31.7 - 55.8
 Source Markit Economics
For that indicator, we provide data for Ghana from May 2018 to March 2024. The average value for Ghana during that period was 50.03 index points with a minimum of 31.7 index points in April 2020 and a maximum of 55.8 index points in May 2018. Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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* indicates monthly or quarterly data series

Recent values chart
Ghana - Purchasing Managers Index (PMI), composite - recent values

Historical chart
Ghana - Purchasing Managers Index (PMI), composite - historical chart - 2018-2024
Measure: index points
Source: Markit Economics

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Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies. The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.

 Related indicators Latest value Reference Measure
 Industrial production -4.33 Q3/2023 percent
 Purchasing Managers Index (PMI), composite 50.50 9/2023 index points
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