Rising Production Costs Threaten Nigerian Manufacturing Recovery

PMI: Rising production costs threaten manufacturing recovery 

By Yinka kolawole Nigeria’s manufacturing sector may struggle to sustain a recovery unless persistent cost pressures are addressed, analysts have warned, despite tentative signs that business activity is beginning to stabilise. Although the Purchasing Managers’ Index (PMI) for manufacturing edged up to 50.10 in June from 49.6 in May, experts say the marginal improvement masks deeper […] The post PMI: Rising production costs threaten manufacturing recovery  appeared first on Vanguard News.

By Urowayino Jeremiah