The Purchasing Managers' Index™ (PMI) survey, drawn up monthly by Standard Bank Mozambique, showed that business activity in the country grew again in February, with business conditions strengthening for the first time since September last year. According to the document, to which MZNews had access, the increase followed...
Tag: business activity
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PMI Index: "Business activity in Mozambique registers worst drop in two years"
Standard Bank's Purchasing Managers Index™ (PMI™) revealed that in January, business activity in Mozambique contracted for the third consecutive month and at the sharpest rate in exactly two years. The data is contained in Standard Bank Mozambique's monthly report consulted this Tuesday by MZnews, highlighting that production trends...
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PMI index of business activity in Mozambique rises in June
The PMI index of Mozambican business activity improved in June compared to May, rising from 50.5 to 51.3, according to a Standard Bank survey published a few days ago. According to Lusa, citing the survey, the PMI is in positive territory for the fifth month running, reflecting "excellent results in attracting new business...
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PMI Index: Business activity reaches highest levels in almost a year
Standard Bank's PMI index reveals that Mozambican business activity rose in April to 51.7, reaching "the highest levels recorded since July 2022". The Purchasing Managers' Index (PMI) published by Standard Bank Mozambique is the result of responses from purchasing managers from a panel of around 400 private sector companies....
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"PMI index of business activity falls to lowest in 12 months," - Standard Bank
The PMI index of Mozambican business activity fell in January to 48.2, the lowest level in 12 months, signaling a contraction in the economy, announced Standard Bank, which conducts the survey. "This reflects monthly contractions in output, new orders and stocks of acquisitions, generally accompanied by a slowdown in production...
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"Business activity retreated in September at lowest in eight months," -PMI index
The PMI index of business activity retreated in September to 50.5, the lowest figure in eight months, announced Standard Bank which conducts the survey. The retreat from 50.8 in August to 50.5 in September follows a slowdown in demand from private sector customers, writes the bank, which blames the...
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NGO accuses Central Bank of stifling Mozambican entrepreneurs and families
The Center for Democracy and Development (CDD) accuses the Bank of Mozambique (BM) of being obsessed with one-digit inflation, which stifles Mozambican entrepreneurs and families. According to the NGO, the Central Bank's "aversion" to inflation leads the regulator into an "increasingly vicious" cycle of making money more expensive...
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More companies are operating, and far fewer job opportunities - Standard Bank
The Purchasing Managers' Index (PMI) compiled by Standard Bank and under the tutelage of IHS Markit, concluded that business activity in Mozambique remained positive for the third consecutive month, due to a significant increase in demand in the private sector. However, new job opportunities remain very scarce. "The PMI indicator declined to 52.0 in November, contrasting...
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"Private companies' profit rose in the second quarter of 2021."-CTA
The Business Strength Index Report, recently presented by the Confederation of Mozambican Economic Associations (CTA), indicates that, between Q1 and Q2 2021, the profit of the Mozambican business sector registered a slight improvement, from -753 MZN/Un to -619 MZN/Un, reflecting the timid recovery in revenue volume by 3.1%, from 12.471 MZN/Un to 12.862 MZN/Un, associated with the reduction in production costs by about 0.44%, from 13.360 MZN/Un to 13.301 MZN/Un
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Business robustness improves slightly in the second quarter
Business activity experienced a timid recovery in the second quarter of this year as a result of relief from the Covid-19 spread containment measures, along with the start of agricultural marketing and the beginning of exports of agricultural commodities and fish products