Private sector activity up from October record low

Workers at a local fertiliser factory. FILE photo | nmg

Private sector activity in November recovered from a record low hit in the previous month as the economy bounced back from a period of intense politicking, data from a monthly survey conducted by CfC Stanbic Bank shows.

The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) for manufacturing and services rose for the first time in four months to 42.8 in November from 34.4 in October.

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