US EditionKenyan private sector hit by economic slowdown as rising prices dent consumer spending
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Kenyan private sector hit by economic slowdown as rising prices dent consumer spending
Businesses across Kenya are facing renewed economic strain as rising prices erode consumer spending power, triggering a slowdown in private sector activity and undercutting job creation prospects. This is according to the latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI), which fell to 49.6 points in May 2025, marking the first contraction in eight months. […]
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