Browsing: Purchasing Managers’ Index (PMI)

Business confidence slips to lowest since February Input prices rise mildly after back-to-back declines Steepest drops in activity and new…

Output rises at the sharpest rate in 20 months. New order volumes strengthen. Input costs fall for the second month…

Kenya’s private sector enjoyed a much more stable business environment in April amid continued job creation in the market, with…

Business conditions in Kenya remained in a steep decline halfway through the final quarter of the year, according to the latest Purchasing Managers’ Index (PMI) by S&P Global.

This comes amid sizeable falls in output, new orders, and employment in November, as indicated by the PMI, which closely monitors market-moving economic indicators, covering more than 30 advanced and emerging economies worldwide.

Kenya’s private sector activities contracted in September as high fuel prices and inflation took a toll on businesses, which saw a drop in sales, the latest Purchasing Managers Index (PMI) now indicates.

Stanbic Bank Kenya’s PMI slid back into negative territory at the end of the third quarter, as firms saw a sharp contraction in new orders following a brief respite in August. In the period, elevated inflationary pressures and rising fuel bills dampened client sales, leading to the second-fastest rise in input costs in the survey’s near-decade history.

In Kenya, political protests accelerated the downturn, leading to a sharp dip in output that was the fastest since August…

Businesses in Kenya only saw a mild improvement in operating conditions in October 2022 The latest Purchasing Managers’ Index showed…

Business activity in Kenya increased in September, helped by the conclusion of the general election  The Purchasing Managers’ Index (PMI)…