New data Stanbic Bank Zambia PMI (Feb)

3/5/2025

actual 50.9, previous 50.9

The event is the Stanbic Bank Zambia PMI (Purchasing Managers' Index) for the month of February. The Purchasing Managers' Index is a leading economic indicator that measures the activity level of purchasing managers in the private sector.

In this case, the PMI for Zambia in February was 50.9, which indicates that the private sector economy in Zambia was expanding slightly, as a PMI above 50 suggests growth. The previous PMI was also 50.9, showing no change from the previous month.

Overall, this event suggests that there was modest growth in the private sector economy of Zambia in February, according to the survey of purchasing managers conducted by Stanbic Bank.

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