Brand Spur Volume 1, Issue 2 - Second Edition | Page 6

Is Nigeria in a Recession ?

24

GDP Growth (Q2’16)

-2.06%

Inflation

17.1%

Unemployment +
Underemployment (Q2’16)

32.6%

Misery Index (Q2’16)

49.7%

Vacancy Factor Index (Q2’16)

172

Manufacturing PMI

42.1

Consumer Confidence (Q2’16)

Yes,
a mild one

-24.2

Aggregate consumption (% GDP) 29%

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