Kenyan Wall Street | by Business Reporter
Kenya’s private sector activity recorded a slight improvement in December following a sharp deceleration of growth in November, according to the monthly Purchasing Managers’ Index (PMI)
Output rose at the slowest rate in six months, although new order growth quickened slightly. The survey showed that higher employment supported the upturn in output, but business confidence fell to a new record low.
Additionally, the survey indicated that cost pressures increased as local manufacturers faced challenges in…
