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Purchasing Managers’ Index

A fuel station in Kibuye, Kampala
Purchasing Managers’ Index

Private sector growth slows to lowest since January

Output and new orders grew again in September, but firms reported higher fuel and transport costs, rising backlogs and delayed payments that slowed work
Entrance to the personal banking section of a bank
Purchasing Managers’ Index

Private sector picks up pace in April despite fuel-driven cost pressures

Uganda's private sector expanded for a 15th month as the PMI rose to 55, though rising fuel costs and a declining BTI weighed on firms
An aerial view of a bright green Evergreen shipping container being transported on a red automated guided vehicle across a paved port terminal.
Purchasing Managers’ Index

Fuel costs temper steady private-sector expansion at quarter-end

Uganda’s PMI rose to 54.3 in March while BTI eased, as fuel costs and weak construction tempered momentum
High-angle view of an expansive industrial warehouse showing systematic stock accumulation in yellow bins and tiered racking.

Business conditions strengthen in February

The Stanbic Bank Uganda PMI jumped to 54.2 in February as output, employment, and new orders all rose across monitored sectors
A polling station at an unknown location in Uganda

Private sector extends growth streak to a year

Uganda's PMI reading of 52.6 extended the private sector's growth streak to a year, despite some disruption from the election period
A flatbed lorry loaded with stacks of cement bags on a street in Jinja, Uganda.

Private sector growth gains momentum at year-end

Business conditions in Uganda’s private sector strengthened at the close of 2025, with growth edging higher in December according to the latest survey of purchasing managers
A high view of a large storage area with various racks and containers

Private sector growth accelerates in November

Business conditions in Uganda's private sector strengthened in November, with growth accelerating for the second time in three months, according to a closely watched survey
Various currency notes of African countries are seen in this photo

Stronger currencies ease inflation pressures across sub-Saharan Africa

Strong currencies have helped curb inflation in several sub-Saharan African countries, giving central banks room to ease interest rates and stimulate business activity
Downtown Kampala, where wholesale and retail trade are the dominant economic activities, close to the Old Taxi Park and St Balikuddembe Market

Business conditions improve for first time in four months

September PMI data shows Uganda’s private sector strengthened for the first time in four months

More Purchasing Managers’ Index

5 June 2018

Business activity strengthens further but production costs a growing concern

Business activity rose to the highest extent recorded so far this year in May, propelled by stronger demand, according to a survey of purchasing executives in 400 private sector companies

An industrial storage area
5 April 2018

Private sector expands at best rate in three months

A rise in new orders was the key driver of growth in Uganda's private sector activity in March, according to a monthly survey of purchasing executives

Export containers at a port.
5 February 2018

Private sector activity expands at slower pace in January

Activity in Uganda's private sector increased at a slower pace in January compared to the previous month, according to an index that tracks its economic health

Construction workers at a construction site
4 January 2018

New export orders improve for second straight month in December as private sector activity growth falls

Business conditions in the private sector improved at a slightly slower pace in December compared to the previous month, according to the Stanbic Bank Uganda Purchasing Managers’ Index

A retail shopping centre in downtown Kampala, Uganda
4 May 2017

Private sector activity maintains positive momentum, but external orders continue falling – IHS Markit

Activity in the private sector in April was unchanged from a month ago when a new survey of purchasing managers found that business conditions had improved from the previous period.

A Stanbic Bank Uganda branch
26 April 2017

Private sector activity improves in March, new Stanbic survey shows

Business activity picked up in March, with the index coming in at 53.5 from 50.9 in February, the purchasing managers' survey showed. This indicated a further improvement in business conditions in the private sector during the month.