Kenya's private sector experienced its strongest growth in five years during November 2025, signaling fresh hope for the economy. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) surged to 55.0, a significant improvement from October's 52.5.

• The PMI reading of 55.0 in November 2025 marks the highest level since October 2020.
• Business activity was driven by a sharp increase in new orders, matching levels last seen in 2020, due to improved customer purchasing power and successful new product launches.
• Despite rising demand leading to increased employment for the tenth consecutive month, companies highlighted that material costs and higher taxation continue to strain their margins.