Browsing: S&P Global

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

Kenya’s business conditions weakened slightly in March despite easing inflation. Kenyan firms reduced their purchases of inputs in line with…

Remittance inflows amounted to $385.9 million in February, compared to $309.2 million in February 2023, an increase of 24.8 per…

Kenya’s input prices and output charges rise at much softer rates. New orders decrease slightly, survey shows. Declines in output…

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.

Output and new orders increase slightly. Employment growth quickens amid improved outlook. Inflationary pressures remain at historic highs. Business conditions…

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

High inflation due to rising fuel and food costs hurt business confidence in April. Stanbic Bank’s Purchasing Manager Index (PMI)…