Africa Purchasing Managers Index
Africa Purchasing Managers Index™ (Africa PMI™)
Purchasing Managers Indices are rapidly becoming the most prominent economic data releases internationally, as a reliable gauge and early indicator of the underlying economic activity. The Africa Business Purchasing Managers Index (Africa PMI) follows the logic and methodology of the PMI confidence indices. The Africa PMI applies the same logic with a breakdown in manufacturing and non-manufacturing (services) business confidence for the entire African continent. For clients we have monthly indexes available.
Respondents
Purchase executives of the African Business Panel are invited to complete the Africa PMI survey on a monthly basis. Depending on the industry classification of their organization, responses are attributed to the manufacturing and service indices.
The Africa PMI is a composite index based on five of the individual indexes with the Delivery Times index inverted so that it moves in a comparable direction.
The following weights are being used:
New Orders
0.3
Production
0.25
Employment
0.2
Suppliers’ Delivery Times
0.15
Stock of Items Purchased
0.1
17,500
Members
4,200
Purchasing managers
36,000
Purchasing managers LinkedIn Group
1,500,000
LinkedIn Group
Africa Purchasing Managers Index™ (Africa PMI™)
Respondents are asked every month to report the change (‘decrease’, ‘same’ or ‘increase’) from the previous month for the following indicators.
Manufacturing
- Production (output)
- New Orders
- Real-time
- New Export Orders
- Backlogs (outstanding business)
- Stocks of Finished Goods (in units)
- Employment
- Output Prices
- Input Prices
- Suppliers’ Delivery Times
- Quantity of items Purchased
- Stocks of Purchases
Non-Manufacturing
- Business activity
- New business
- Backlogs of work
- Prices charged
- Input prices
- Employment
- Expectations for activity
Results
Based on actual business conditions (facts), rather than confidence-based (opinion) measurements.
Publication Schedule
The Africa PMI and African Survey on Business are published on the first business day of each month.
"Especially in the last century, Africa was regarded as a dark continent primarily because of the dearth of information that existed about the region. Thanks to a range of factors, in this century, Africa is now seen to be not just opening up but coming up both socially and economically. One of the main reasons for this is that through market research, more information and knowledge is now available about the continent. With this information and knowledge, all of Africa's stakeholders are better equipped to grapple with and make the right decisions about the opportunities and challenges that exist in our beloved continent. The Africa Business Panel can support market research in Africa by facilitating, for stakeholders, online access to the professional population in the region. With digitalization, online access to relevant target profiles is an increasing need as it enables information to be gathered quickly and cost eficiently so that based on this, decisions about the market are made faster."
Philip Okullo - Country manager Ghana (Ipsos)
"We are using the African business panel for our 828 studies in Africa as it provides us with access to the exact people we are looking for to give our clients the highest possible quality, not only in the biggest economies in Africa, but also in the smaller African countries. Maximum reach at a one shop stop!"
Hans Pietersen - Sales Director Benelux & Scandinavia (Toluna)
"The Africa Business Panel brings you unrivaled access to African 828 respondents. Their reach combined with their speed and exibility makes The Africa Business Panel a must-go-to supplier if you need the opinion of Africa."