These industries appear to have returned to pre-pandemic levels
The latest figures released by the apex bank suggest that the manufacturing sector continues to grapple with the knock-on-effect of COVID-19, owing to global and domestic supply chain disruptions, foreign exchange illiquidity, weak consumer spending and high operating costs.
Notwithstanding, activities in the Non-metallic mineral products and Cement sub-sectors remain resilient, as the Purchasing Managers Index for these sub–sectors stood at 66.0 and 64.4 index points respectively, higher than the 65.3 and 62.5 index points reported in February, before the pandemic induced disruption.