Output, new business and purchasing fell at softer rates, while employment continued to rise and inventories saw a renewed uptick.
MoreThe headline PMI rose from 50.6 in February to 51.7 in March, indicating a stronger improvement in business conditions at the end of the first quarter of 2025. It was also the highest reading since May 2024 and above the
MorePurchasing efforts accelerated, leading to the greatest upturn in inventories since August 2023. Input cost pressures remained mild, prompting a slower increase in average prices charged.
MoreSeptember saw the headline PMI drop below the 50.0 no-change mark, falling to 49.7 from 50.6 in August, to indicate a slight deterioration in the health of the Kenyan private sector economy.
MoreElevated inflationary pressures and rising fuel bills acted to dampen client sales, whilst also leading to the second-fastest rise in input costs in the survey's near-decade history.
MoreJob creation accelerated and purchasing activity picked up, whilst firms grew more confident about their output prospects.
MoreThe headline PMI registered below the 50.0 neutral mark for the fifth month running in June.
MoreThe softer decline in business conditions reflected weaker falls in both output and new orders during March
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