Uganda: September Stanbic PMI Reveals Sustained Consumer Demand
4 Articles
4 Articles
Uganda: September Stanbic PMI Reveals Sustained Consumer Demand
[Independent (Kampala)] Kampala -- Investments in advertising and greater product quality were widely cited as drivers of consumer confidence, with all monitored sectors in the monthly Stanbic Purchasing Managers' Index (PMI) registering optimism during September.
September Stanbic PMI reveals sustained consumer demand
Kampala, Uganda | NEWS CORRESPONDENT | Investments in advertising and greater product quality were widely cited as drivers of consumer confidence, with all monitored sectors in the monthly Stanbic Purchasing Managers’ Index (PMI) registering optimism during September. Compiled by S&P Global, the latest survey data indicates continued expansions in output and new orders, as … The post September Stanbic PMI reveals sustained consumer demand appe…
Stanbic, BoU September 2026 Data Point to Resilient Private Sector Activity, but Weak Credit, Rising Costs and Thin Order Books Raise Red Flags
Uganda’s private sector closed September on a broadly positive footing, but beneath the expansionary headline numbers are clear signs that businesses are beginning to encounter a more difficult operating environment. Stanbic Bank’s September Purchasing Managers’ Index, compiled by S&P Global, came in at 53.0, down from 55.0 in August. The reading remained above the 50.0 mark and therefore still pointed to an improvement in private sector conditi…
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