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Jump in new orders boosts activity of Kenyan firms

Workers at a flower farm in Naivasha. The survey found that costs of production for private firms rose, pointing to potential inflationary pressures. PHOTO | FILE

Kenya's private-sector activity rose in December after new orders for companies increased at the fastest pace in 11 months, a survey showed on Thursday.

The Markit Stanbic Bank Kenya Purchasing Managers' Index (PMI) rose to 54.1 from 53.3 in November, well above the 50.0 point that marks growth.

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Note: The results are not exact but very close to the actual.

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