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New data Stanbic Bank Zambia PMI Apr

5/6/2024

actual 47.7, previous 48.8

The event is the release of the Stanbic Bank Zambia Purchasing Managers' Index (PMI) for the month of April. The PMI is a measure of the economic health of the manufacturing and service sectors, and a reading below 50 indicates contraction. In this case, the actual PMI for Zambia is 47.7, which is lower than the previous reading of 48.8, suggesting a further contraction in economic activity. The data is sourced from S&P Global and is denominated in Zambian Kwacha (ZMW). This event is of moderate importance for the Zambian economy.

This is not investment advice. Remember to verify the information provided here.

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