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Report: Agriculture, Manufacturing Lead in Output Expansion as Price Inflation Ticks Higher
Dike Onwuamaeze Agriculture and manufacturing took the lead in output expansion as price inflation ticks higher in August. This is reported in the Purchasing Managers’ Index (PMI) of the Stanbic
- Agriculture and manufacturing lead in output expansion in Nigeria.
- PMI headline index rose to 54.3 in August from 52.5 in July.
- Input costs rose sharply, prompting price increases.