Market participants express optimism about economic performance, citing improved macroeconomic stability.
The November 2025 Market Perceptions Survey captured the views of market analysts, commercial banks, and institutional investors on Kenya's economic outlook.
Key Findings:
Economic Growth:
- 72% of respondents expect GDP growth to exceed 5.5% in 2025
- Services sector identified as the main growth driver
- Manufacturing sector showing signs of recovery
Inflation Expectations:
- Median inflation expectation: 5.2% for Q4 2025
- Food inflation expected to moderate
- Energy prices remain a key risk factor
Exchange Rate Outlook:
- Majority expect the Kenya Shilling to remain stable
- Foreign exchange reserves viewed as adequate
- Diaspora remittances continue to support the currency
Investment Climate: Respondents highlighted improvements in:
- Regulatory environment
- Infrastructure development
- Digital financial services
The survey indicates growing confidence in Kenya's economic management and stability.
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