The Standard Bank Mozambique PMI declined to 51.8 in August 2019 from 52.8 in July. The reading pointed to the weakest expansion in the country's private sector since April, as output and new order grew at softer rate. Employment also increased, albeit at a modest pace that was slightly softer than in the previous three months. Meantime, backlogs declined for the second straight month, due to weaker new order growth. On the prices front, input prices increased at one of the slowest paces in the series history, due to a subdued uptick in purchasing costs. Meantime, output prices continued to rise solidly, although the rate of inflation slowed from July's recent high. Looking ahead, confidence remained positive. Composite Pmi in Mozambique is reported by Markit Economics.

Mozambique Standard Bank PMI
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Mozambique Business Last Previous Highest Lowest Unit
Business Confidence 98.20 99.80 109.18 86.60 Index Points [+]
Industrial Production 8.50 7.90 38.20 -12.70 percent [+]
Industrial Production Mom -11.10 -1.80 20.90 -32.50 percent [+]
Internet Speed 2364.38 2690.05 2690.05 235.88 KBps [+]
IP Addresses 60570.00 57816.00 99773.00 6811.00 IP [+]
Leading Economic Index 17.70 8.50 17.70 -15.80 percent [+]
Mining Production 14.50 5.30 204.50 -34.80 percent [+]
Changes In Inventories 137898.00 46858.90 137898.00 -3739.60 MZN Million [+]
Competitiveness Index 39.75 41.90 41.90 3.01 Points [+]
Competitiveness Rank 133.00 125.00 138.00 119.00 [+]
Composite Pmi 51.80 52.80 52.80 49.90 [+]
Ease of Doing Business 135.00 138.00 142.00 128.00 [+]
Corruption Index 23.00 25.00 35.00 22.00 Points [+]
Corruption Rank 158.00 153.00 158.00 56.00 [+]

Mozambique Standard Bank PMI

The Standard Bank Mozambique PMI™ is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 400 private sector companies. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. The sectors covered by the survey include agriculture, mining, manufacturing, construction, wholesale, retail and services. Survey responses are collected in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted. The headline figure is the Purchasing Managers’ Index™ (PMI). The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. This page provides - Mozambique Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mozambique Standard Bank PMI - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.80 52.80 52.80 49.90 2019 - 2019 Monthly

Country Last Previous
Australia 49.30 Aug/19
Brazil 51.90 Aug/19
China 51.60 Aug/19
Euro Area 51.90 Aug/19
France 52.90 Aug/19
Germany 51.70 Aug/19
India 52.60 Aug/19
Italy 50.30 Aug/19
Japan 51.90 Aug/19
Russia 51.50 Aug/19
Singapore 48.70 Aug/19
South Africa 49.70 Aug/19
United Kingdom 50.20 Aug/19
United States 50.70 Aug/19