Uganda's pri­vate sec­tor ac­tiv­ity ex­pands in March -PMI

Zambian Business Times - - BUSINESS REVIEW -

PRI­VATE sec­tor ac­tiv­ity in Uganda ex­panded in March com­pared to the pre­vi­ous month, with com­pa­nies re­port­ing a boost in pro­duc­tion and sales vol­umes, the in­au­gu­ral re­sults of a new sur­vey in­dex showed on Wed­nes­day.

The Markit Stan­bic Bank Uganda Pur­chas­ing Man­agers' In­dex (PMI) rose to 53.5 last month, up from 50.9 in Fe­bru­ary, the sur­vey re­port said. Markit col­lected data for 10 months prior to launch­ing the PMI.

Cof­fee Beans in Uganda. Uganda de­pends on cof­fee for the bulk ex­port rev­enues.

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