Business activities in March 2025 climbed to the highest level in ten months, as strengthening demand conditions led to a solid increase in new orders across the private sector economy.
The Stanbic Bank Kenya Purchasing Managers' Index (PMI) indicates that the economy registered its fastest increase in sales since January 2023, and as a result, businesses also raised their activity and purchases of inputs solidly, but hiring growth remained subdued.
Christopher Legilisho, an Economist at Standard Bank said that the March PMI shows a private sector with faster growth in output and new orders, assisted by increased customers, good weather, and sustained marketing. "There were robust expansions in output and new orders across several sectors such as services, wholesale and retail.
Only the manufacturing sector exhibited soft demand.