Activities in the Nigerian industrial sector declined at 49.1 index points in August 2025 following a decline in 10 of its subsectors among 17 surveyed.
The Central Bank of Nigeria, CBN, disclosed this today in its Purchasing Managers Index Report for August 2025.“
The Industry Sector index, at 49.1 points, indicated contraction in industrial activities in August 2025..
“Output, New Orders and employment indicated decline in August 2025 at 49.6, 47.2 and 48.9 index points, respectively.
“Similarly, Stock of Raw Materials experienced contraction at 48.9 index points in the review month.
“However, in August 2025, the Suppliers’ Delivery Time index recorded fast delivery time at 52.4 index points.
“Among the 17 sub-sectors surveyed in the Industry sector, 7 recorded expansions, while the remaining 10 subsectors indicated contraction.
“The sub-sector with the highest expansion was Transportation Equipment, while Paper Products recorded the highest level of contraction.”
However, the CBN said the service and Agriculture sectors recorded expansion at 51.9 and 53.9 index points respectively.
This resulted in an overall expansion in economic activities at 51.7 index points during the review period.
“The composite PMI for August 2025 stood at 51.7 points, indicating an expansion in economic activities for the ninth consecutive month.