Just In-Industry sector activities decline in August – CBN

As economical activities grow 9th consecutive month 

By Elizabeth Adegbesan 

Activities successful the concern assemblage declined astatine 49.1 scale points successful August 2025 pursuing a diminution successful 10 of its subsectors among 17 surveyed.

The Central Bank of Nigeria,  CBN, disclosed this contiguous successful its Purchasing Managers Index Report for August 2025.

“The Industry Sector index, astatine 49.1 points, indicated contraction successful concern activities successful August 2025.

“Output, New Orders and employment indicated diminution successful August 2025 astatine 49.6, 47.2 and 48.9 scale points, respectively.

“Similarly, Stock of Raw Materials experienced contraction astatine 48.9 scale points successful the reappraisal month.

“However, successful August 2025, the Suppliers’ Delivery Time scale recorded accelerated transportation clip astatine 52.4 scale points.

“Among the 17 sub-sectors surveyed successful the Industry sector, 7 recorded expansions, portion the remaining 10 subsectors indicated contraction.

“The sub-sector with the highest enlargement was Transportation Equipment, portion Paper Products recorded the highest level of contraction.”

However,  the CBN said the work and Agriculture sectors recorded enlargement astatine 51.9 and 53.9 scale points respectively. 

This resulted successful an wide enlargement successful economical activities astatine 51.7 scale points during the reappraisal period. 

“The composite PMI for August 2025 stood astatine 51.7 points, indicating an enlargement successful economical activities for the ninth consecutive month. 

“Out of the 36 subsectors covered successful the survey, 22 experienced enlargement successful economical activity.

“The Service Sector index, astatine 51.9 points successful August 2025, indicated enlargement for the seventh consecutive month, with 10 (10) subsectors signaling maturation successful economical activities retired of the fourteen (14) subsectors covered.

“At 53.9 scale points, the Agriculture Sector recorded enlargement for the thirteenth consecutive period successful August 2025. 

“All the 5 (5) subsectors recorded maturation successful cultivation activities.

Industry Sector recorded the highest input and output prices spread successful the period of August 2025 astatine 7.4 points, portion services recorded the lowest spread astatine 3.7 points.

“Overall, the August 2025 PMI information indicated a continued enlargement successful economical activities crossed Nigeria. 

“The enlargement for services and Agriculture sectors underpins a favourable outlook successful the 3rd 4th of the twelvemonth (Q3’25).”

The station Just In-Industry assemblage activities diminution successful August – CBN appeared archetypal connected Vanguard News.