Ghana: Purchasing Managers Index (PMI), composite
* indicates monthly or quarterly data series
| Ghana |
Purchasing Managers Index (PMI), composite |
|---|---|
| Latest value | 51.3 |
| Reference | April 2023 |
| Measure | index points |
| Source | Markit Economics |
For that indicator, we provide data for Ghana from May 2018 to April 2023. The average value for Ghana during that period was 49.89 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
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Measure: index points
Source: Markit Economics
Source: Markit Economics
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.