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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
KenyaKenya Stanbic Bank PMI climbed to 50.6 in February 2025
FMPMonthlyReleased March 2025
Kenya Stanbic Bank PMI climbed to 50.6 in February 2025, released March 2025, up 0.1 from January's 50.5 reading. The reading matched the 50.2 consensus. Stanbic Bank PMI has now risen for 4 consecutive months. Stanbic Bank PMI is now the highest in 8 months.
Latest Release
50.6
Actual
50.2
Consensus
50.5
Previous
Median Absolute Error
±0.8
across last 12 releases
Last Call
Mar 2025
Predicted: 50.05
Actual: 50.6
Error: -0.55
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Stanbic Bank PMI (Kenya) was reported at 50.60 in March 2025. This beat the market consensus of 50.20 by 0.40. The reading rose from the previous value of 50.50.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 50.50, up from the prior three at 47.80.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 12 releases, the Sigmacast model's median absolute error is 0.80.
Auto-generated from current model state · Refreshes on each release · Last update March 2025.
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Stanbic Bank PMI - KE
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About Stanbic Bank PMI — Kenya
DEFINITION
The Stanbic Bank PMI (Purchasing Managers' Index) is a widely recognized economic indicator that measures the health of the private sector in a country. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into the current economic conditions and future trends. The index is a key tool for businesses, investors, and policymakers to make informed decisions and assess the overall economic performance of a country. With its strong reputation and accuracy, the Stanbic Bank PMI is a crucial tool for monitoring and analyzing economic activity.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2025): actual 50.6, consensus 50.2. Prior reading (Jan 2025): 50.5. Before that (Oct 2024): 50.4.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.