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Business activity rebounds first time since August
Manufacturers, wholesalers, and retailers are grappling with cash flow hitches on reduced demand for goods, reflecting the deteriorating pace of business activities. PHOTO | SHUTTERSTOCK
Kenya’s private sector activity rebounded to the first growth in seven months on rising orders largely because of softening growth in inflation, prompting companies to raise the output of goods and services.
The Stanbic Kenya Purchasing Managers Index (PMI) for February rose to 51.3 from 49.8 in January, signalling growth in business activity.
