Shrinking order books hit manufacturers

BDManufacturingIndustry

Manufacturers, wholesalers, and retailers are grappling with cash flow hitches on reduced demand for goods, reflecting the deteriorating pace of business activities. PHOTO | SHUTTERSTOCK

Manufacturers, wholesalers, and retailers are grappling with cash flow hitches on reduced demand for goods, reflecting the deteriorating pace of business activities.

The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) survey showed manufacturers and retailers were the main drivers behind the fall in the pace of business activities for the fifth month running in January.

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