September Stanbic PMI reveals sustained consumer demand
Investments in advertising and greater product quality were widely cited as drivers of consumer confidence, with all monitored sectors in the monthly Stanbic Purchasing Managers’ Index (PMI) registering optimism during September. Compiled by S&P Global, the latest survey data indicates continued expansions in output and new orders, as demand from
Private sector ends 2025 with high hopes for further expansion in 2026
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 (PMI) rose slightly to 54.0 compared to the 53.8 recorded for November 2025. Readings above 50.0 signal
Private Sector Output Grows in April Amid Surge in New Orders
Uganda’s private sector continued to show strong performance in April, as the headline Stanbic Purchasing Managers’ Index (PMI) rose to 55.3, up from 52.9 in March. A reading above 50.0 signals an improvement in business conditions compared to the previous month, while a score below 50.0 indicates deterioration. The latest
Private sector performance continues to improve in March
Strong demand conditions drove growth in input buying, as firms stocked up amid anticipation of more upturns in activity later in the year, slightly lifting the monthly Stanbic Purchasing Managers’ Index (PMI). The headline Stanbic PMI rose to 52.9 during March, up from 52.6 in February. The latest data indicated
