Africa Purchasing Managers Index™ (Africa PMI™)

Purchasing Managers Indices are rapidly becoming the most prominent economic data releases internationally, as a reliable gauge and early indicator of the underlying economic activity. The Africa Business Purchasing Managers Index (Africa PMI) follows the logic and methodology of the PMI confidence indices. The Africa PMI applies the same logic with a breakdown in manufacturing and non-manufacturing (services) business confidence for the entire African continent. For clients we have monthly indexes available.

Respondents

Purchase executives of the African Business Panel are invited to complete the Africa PMI survey on a monthly basis. Depending on the industry classification of their organization, responses are attributed to the manufacturing and service indices.

The Africa PMI is a composite index based on five of the individual indexes with the Delivery Times index inverted so that it moves in a comparable direction.

The following weights are being used:

• New Orders

  0.3

• Production

  0.25

• Employment

  0.2

• Suppliers’ Delivery Times

  0.15

• Stock of Items Purchased

  0.1