Kenya’s Private Sector Contracts Again in September

Kenya’s private sector experienced a slight downturn in September, with output and new orders decreasing after a brief recovery in August. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) fell to 49.7, indicating contraction for the third time in four months. Readings above 50.0 signal an improvement in business conditions in the previous month, while … Continue reading Kenya’s Private Sector Contracts Again in September