The Stanbic Bank Zambia PMI increased to 46.6 in September of 2020 from 43.4 in August, but still pointed to a marked contraction in private sector activity although the the downturn eased markedly. Looser restrictions to prevent the spread of the coronavirus led to softer reductions in output, new orders and employment, while business confidence strengthened. source: Markit Economics
Composite Pmi in Zambia averaged 48.06 points from 2017 until 2020, reaching an all time high of 54.70 points in November of 2017 and a record low of 34.80 points in May of 2020. This page provides - Zambia Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Stanbic Bank Zambia Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Composite Pmi in Zambia is expected to be 46.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Zambia to stand at 48.50 in 12 months time. In the long-term, the Stanbic Bank Zambia Composite PMI is projected to trend around 48.00 points in 2021 and 49.60 points in 2022, according to our econometric models.