Expansions in output and new orders sustained Employment broadly unchanged on the month Higher input costs spur further rise in output charges Following a ten-month period of job creation, Ugandan companies saw a broad stagnation in employment levels and higher input costs during December, nonetheless driven by other factors, the monthly Stanbic Purchasing Managers Index […]
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Key findings Greater new business drives upturn in activity Input buying and employment rise further Inflationary pressures remain Kampala: The monthly headline Stanbic Purchasing Managers’ Index (PMI) recorded an upward trend, but input prices for the private sector companies continued to rise as the September reading of 54.0 was an improvement on the 53.3 posted […]
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Key findings Business activity expands following further rise in new sales Renewed increase in backlogs of work despite job creation Further uptick in selling prices as costs tick higher Buoyant demand during July prompted firms to increase their purchasing activity and hire additional workers as backlogs of work returned to growth although the headline Stanbic […]
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Key findings Output and new orders return to growth Firms resume hiring in February Purchase prices and staff costs rise Operating conditions for Ugandan private sector firms improved in February, following a brief decline at the start of the year sending the headline Stanbic Purchasing Managers’ Index (PMI) up to 52.6 compared to the January […]
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Key Findings Output and new orders continue to rise Employment growth sustained Staff and purchase costs increase The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value […]
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Output and new orders contract Input costs rise amid higher purchase prices and wage bills Firms remain confident in the outlook as employment grows Ugandan private sector firms have registered a deterioration in business conditions during March, thereby ending a 16-month upward improvement sequence in the health of the private sector. The overall decline was […]
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Key findings Renewed contractions in output and new orders Input costs continue to rise Employment and purchasing scaled back Kampala: Increasing inflationary pressures tumbled private sector business activity during July as the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the threshold 50.0 no-change mark for the first time this year. The PMI dropped from […]
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