‘Business conditions improve as demand picks up’

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The Nigeria private sector experienced a positive start to the final quarter of 2020 with output and new orders both rising at a robust and accelerated pace, according to Stanbic IBTC Bank Plc’s Purch

asing Managers’ Index report.

“On the price front, input costs rose, with higher wage and material costs linked to the latest uptick. Cost burdens were passed on to customers which led to a robust rise in selling prices,” it said. “In both cases, continuous expansion has been recorded for four consecutive months,” the report said.

It said, “Purchasing activity also rose sharply in line with higher output levels, contributing to a substantial accumulation of inventories.

 

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Picking up in ur village right

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'In both cases, continuous expansion has been recorded for four consecutive months,”The report said,It said employment continued to rise modestly, with the rate of job creation in line with that seen in the previous survey period. We,Na for Nigeria or for USA? employments rise?

It's just a seasonal condition. Y'all keep quiet!! Nigeria isn't working anymore. 💔

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Demand from where?

Are you guys sure about this ooo

Fake News

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