Kenya’s private sector activity experienced a third consecutive month of decline in July, driven by protests, rising price pressures, and weaker order inflows. The downturn signals significant challenges for businesses.

• The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) dropped to 46.8 in July from 48.6 in June, with a PMI below 50.0 indicating deterioration.
• 38% of survey respondents reported a downturn, with the decline concentrated in the manufacturing and services sectors.
• Economist Christopher Legilisho of Standard Bank noted that the weakening output and new orders reflect the negative impact of recent protests and harsh economic conditions on consumer spending.