The Stanbic Bank Kenya PMI dropped to 49.3 in April 2019 from 51 in the previous month, signalling a deterioration in business conditions for the first time since November 2017. Both activity and employment declined for the first time in 17 months amid poor weather conditions and intensifying cash flow issues, while new orders were broadly unchanged, ending a 16-month period of growth. Still, purchasing activity and stock levels continued to rise. On the price front, input cost inflation rose for the first time in seven months due to higher commodity and fuel prices, while output charges fell. Nevertheless, business sentiment remained strongly positive in April, dipping only slightly from March's 54-month high on plans to improve efficiency and expand into new markets over the coming year. Manufacturing Pmi in Kenya is reported by Markit Economics.

Manufacturing Pmi in Kenya is expected to be 53.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Kenya to stand at 54.00 in 12 months time. In the long-term, the Kenya CfC Stanbic Bank PMI is projected to trend around 53.70 in 2020, according to our econometric models.

Kenya CfC Stanbic Bank PMI
Forecast Data Chart
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Kenya Business Last Previous Highest Lowest Unit
Internet Speed 12160.37 14958.20 14958.20 208.55 KBps [+]
IP Addresses 500853.00 1148803.00 2368112.00 21502.00 IP [+]
Manufacturing Pmi 49.30 51.00 57.70 34.40 [+]
Ease of Doing Business 61.00 80.00 129.00 61.00 [+]
Electricity Production 981.08 930.93 981.08 442.40 Gigawatt-hour [+]
Corruption Index 27.00 28.00 28.00 19.00 Points [+]
Corruption Rank 144.00 143.00 154.00 52.00 [+]
Car Production 327.00 476.00 1139.00 159.00 [+]
Car Registrations 27713.00 28466.00 32401.00 3071.00 [+]
Cement Production 485178.00 461922.00 584780.00 154781.00 Tonnes [+]
Competitiveness Index 53.67 53.25 53.67 3.61 Points [+]
Competitiveness Rank 93.00 93.00 106.00 88.00 [+]

Kenya CfC Stanbic Bank PMI

In Kenya, the CfC Stanbic Bank Purchasing Managers' Index measures the performance of agriculture, mining, manufacturing, services, construction and retail sectors and is derived from a survey of 400 companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of activity compared to the previous month; below 50 represents a contraction; while 50 indicates no change. . This page provides - Kenya Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya CfC Stanbic Bank PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.30 51.00 57.70 34.40 2014 - 2019 Monthly

Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 49.60 May/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 52.60 Apr/19