The IHS Markit Ghana PMI edged down to 51 in June of 2021 from 51.5 in May, signalling a slight improvement in business conditions, but one that was the weakest in the year-to-date. Output, new orders and employment rose at a milder pace, hampered by marked increases in prices. The rate of expansion in input buying also softened. At the same time, a further marked accumulation of outstanding business was recorded amid delays in the receipt of raw materials and production issues. Lastly, sentiment dropped to a 14-month low, due to concerns about cost pressures. source: Markit Economics
Composite PMI in Ghana averaged 51.43 points from 2017 until 2021, reaching an all time high of 56.50 points in September of 2017 and a record low of 31.70 points in April of 2020. This page provides - Ghana Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Composite PMI in Ghana is expected to be 53.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Ghana to stand at 52.20 in 12 months time. In the long-term, the Ghana Composite PMI is projected to trend around 53.00 points in 2022 and 54.00 points in 2023, according to our econometric models.