The Stanbic Bank Kenya PMI rose to 54.3 in June 2019 from 51.3 in the previous month. The reading pointed to second straight expansion in private activity and the fastest since last August, as new orders and output advanced markedly. Both domestic and external markets contributed to the rise and an easing of cash flow issues over the past few months were also pointed as drivers. As such, employment growth was solid and reached 30-month high. On the price front, input inflation hit a 8-month high, mainly due to higher taxes, fuel hikes and increased input demand which forced a number of companies to raise their output charges in order to maintain profit levels. Looking ahead, business outlook improved to the highest in the survey history, linked to new government spending plans and firms' intentions to open new branches in the near future. Manufacturing Pmi in Kenya is reported by Markit Economics.

Manufacturing Pmi in Kenya is expected to be 53.30 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 52.20 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 54.30 51.30 57.70 34.40 [+]
Ease of Doing Business 61.00 80.00 129.00 61.00 [+]
Electricity Production 996.16 894.42 996.16 442.40 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 26991.00 27713.00 32401.00 3071.00 [+]
Cement Production 507037.00 470146.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.30 51.30 57.70 34.40 2014 - 2019 Monthly

Country Last Previous
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19