Steep price pressures acted to limit the pace of growth in the Nigerian private sector in July, 2023. Overall input costs rose at a pace unsurpassed in more than nine-and-a-half years of data collection, with selling prices up rapidly in response.  Rising price pressures impacted demand, with growth of both new orders and business activity softening as the second half … Continue reading Stanbic IBTC Bank PMI: New Order Growth Softens Amid Steep Price Pressures