Kenya’s October PMI Rises to 51.4, First Time in Five Months

Activity in Kenya’s private sector accelerated to a five-month high in October as output growth strengthened and new business continued to grow despite an increase in input costs, a monthly survey said Thursday.  The index rose to 51.4 in October from 50.4 in September according to the monthly Stanbic Bank Purchasing Managers Index (PMI). Readings … Continue reading Kenya’s October PMI Rises to 51.4, First Time in Five Months