The Stanbic Bank PMI for Kenya increased to 56.3 in September of 2020 from 53 in August, pointing to the biggest expansion in private sector activity since April of 2018 as the government relaxed coronavirus restrictions. Customer demand expanded at the sharpest rate since January 2016, leading to a quicker rise in backlogs. As a result, job numbers were broadly stable after falling in the six previous months. Nevertheless, future expectations dipped to their lowest since the series began in 2014. source: Markit Economics
Manufacturing Pmi in Kenya averaged 51.76 points from 2014 until 2020, reaching an all time high of 57.70 points in December of 2014 and a record low of 34.40 points in October of 2017. This page provides - Kenya Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya CfC Stanbic Bank PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Manufacturing Pmi in Kenya is expected to be 50.20 points 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 53.00 in 12 months time. In the long-term, the Kenya CfC Stanbic Bank PMI is projected to trend around 52.00 points in 2021 and 54.00 points in 2022, according to our econometric models.