The latest Stanbic Purchasing Managers’ Index (PMI) data reveals continued expansion in Uganda’s private sector for the seventh consecutive month, as both business activity and new orders keep rising.
Back-to-back expansions in both business activity and new orders resulted in Ugandan firms seeing a further improvement in performance during May, with the headline Stanbic Purchasing Managers Index (PMI) rising to 54.1 from 52.6 posted in April.
In March, Uganda's private sector experienced a downturn in business conditions for the first time in 16 months, marking an end to a consistent period of growth.
In February, a marginal slowdown in certain sectors caused the headline Stanbic Purchasing Managers’ Index (PMI) to decrease to 51.7, down from 54.0 in January.
The monthly headline Stanbic Purchasing Managers Index (PMI) rose from 52.4 recorded in October to 53.4 during November, reflecting a continuing trend of sustained growth in private-sector activity, with both output and new orders rising for a sixteenth consecutive month due to solid consumer dem
At least 90,000 smallholder farmers are set to benefit from a new Shs30 billion partnership between Stanbic Bank Uganda Limited (SBUL) and Opportunity International (Opportunity) a leading American global non-profit that works to build global financial inclusion and support the growth of rural bu
The headline Stanbic Purchasing Managers Index (PMI) reached its highest point this year, posting 57.4 during May, up from 55.4 in April as success in securing new customers had a positive impact on the Ugandan private sector.
The first quarter of the year ended with a largely positive outlook as strengthening customer demand continued to drive improvements in business conditions in the Ugandan private sector, according to the Stanbic Purchase Managers Index for the month of March, released today.
The Ugandan private sector ended 2022 on a positive note, with ongoing expansions in output, new orders and employment recorded, according to the latest Stanbic Purchasing Managers’ Index released Wednesday.
The Stanbic Purchasing Managers’ Index (PMI) has regained a positive outlook as the August data pointed to a renewed improvement in business conditions for Uganda’s private sector as both output and new orders returned to growth.
