The Stanbic Purchasing Managers' Index (PMI) Report for the month of August from our Global Markets team. Access the full report on https://www.stanbicbank.co.zm/static_file/Zambia/Downloadable files/PMI_ENG_Aug 22.pdf #PMI #BankingZambia #ItCanBe | Stanbic Bank Zambia

The Kenya Purchasing Managers’ Index (PMI) deteriorated markedly in October. Output and new orders contracted across all sectors surveyed, with new orders falling the fastest in the construction, wholesale and retail sectors. Cost-of-living pressures and cashflow difficulties saw customer demand declining, while weaker output and lower workloads led to an increased rate of job cuts. Read the full report here: https://bit.ly/3sqrciK | Stanbic Bank Kenya

China’s manufacturing Purchasing Managers’ Index (PMI) came in at 51.7 for May, up 0.3 percentage points from 51.4 in April. These numbers show that the Chinese government’s stimulus measures are working, said Ben Harburg, portfolio manager at Core Values Alpha. He also said that China’s economic picture is “better than you think,” as the amount of consumption in the country is not fully reflected in PMI data due to deflation. | CNBC International