PMIs

Economy:  Sustained rise in PMIs suggest better economic growth – Cowry Asset

Economy: Sustained rise in PMIs suggest better economic growth – Cowry Asset

COWRY Asset Management Limited has explained that the recently released Purchasing Managers’ Index (PMI) survey report by Central Bank of Nigeria (CBN) showed faster expansions in both manufacturing and non-manufacturing businesses in December 2019 as production level and new orders indices further grew faster.