Kenya’s private sector activity jumped to a 29-month high in September lifted by rising local and foreign consumer demand following the gradual re-opening of the economy in the wake of the Covid-19 pandemic.
The Markit Stanbic Bank Kenya’s Purchasing Managers' Index (PMI) — a monthly measure of private sector activity — increased to 56.3 in September from to 53 a month earlier, the highest level since April 2018.
