Based on a survey of 400 enterprises the CfC Stanbic Bank Purchasing Managers' Index (PMI) in Kenya monitors the progress of the agricultural, mining, manufacturing, services, construction, and retail sectors in Kenya. A total of five individual indicators are used to calculate the index, with the following weightings: New Orders (30%), Output (25%), Employment (20%), Supplier's Delivery Times (15%), and Stock of Items Purchased (10%), with the Delivery Times index reversed so that it moves in a similar direction to the other indexes. A rating greater than 50 shows an increase in activity when compared to the previous month, a value less than 50 suggests decrease inactivity, and a reading of 50 indicates no change.

A higher than expected figure should be seen as positive (bullish) for the KES while a lower than expected figure should be seen as negative (bearish) for the KES.

Source:  S&P Global
Category:  Manufacturing PMI
Units:  Points
Details
Impact: Low
Country:
Currency: KES
Latest Release
Previous: 51.3
Consensus: 48.5
Actual: 49.7
Next Release
Date: May 06, 07:30
Time left: 18 days