The private sector continued its upward trajectory in September, driven by strong consumer demand and a sustained rise in new orders, according to the latest Stanbic Purchasing Managers’ Index (PMI). The headline PMI rose to 54.0 from 53.3 in August, marking the eighth consecutive month of improved business conditions. Readings above 50.0 indicate expansion compared…
The private sector continued its upward trajectory in August, marking seven consecutive months of expansion, according to the latest Stanbic Bank Purchasing Managers’ Index (PMI). The headline PMI registered at 53.3, slightly down from 53.6 in July, but still signalling robust growth as it remained above the 50.0 threshold that indicates improving business conditions. The…
Uganda’s private sector continued its robust expansion in July 2025, driven by strong demand and new client wins, though rising input costs prompted firms to increase prices, according to the latest Stanbic Bank Purchasing Managers’ Index (PMI). The headline PMI registered at 53.6 in July, down slightly from 55.6 in June. Despite the dip, the…
Uganda’s private sector continued to experience improving business conditions in June 2025, marking the fifth consecutive month of expansion, according to the latest Stanbic Purchasing Managers’ Index (PMI). The PMI, compiled by S&P Global, dipped slightly to 55.6 from 56.4 in May but remained above the 50.0 threshold, signaling ongoing growth driven by increases in…
