Kenya’s private sector activity declines in May
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Kenya’s private sector activity declines in May
Kenya’s private sector stumbled in May, marking the end of a seven-month streak of growth as rising operating costs and weak consumer demand pulled business activity into negative territory. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) fell to 49.6 from 51.8 in April, its first dip below the 50-point threshold since September 2024. This […]
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