Kenyan businesses show stronger future outlook despite a slight dip in current operating conditions during August. This optimism stems from anticipated demand and planned investments, even as the headline PMI fell below the 50.0 threshold.

• Year-ahead output expectations reached their highest point since February 2023.
• The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) survey indicates increased confidence.
• Firms are boosting hiring and planning investments in marketing, capacity, and new technology to meet future demand.