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Private sector records best month since January 2014

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The Standard | by Frankline Sunday

October marked the best month for Kenya’s private sector since the outbreak of the coronavirus pandemic. The month saw businesses continue to adapt to the effects of relaxed movement restrictions.

The latest Purchasing Managers Index (PMI) from Stanbic Bank indicates that business output and the number of new orders recorded the fastest growth since the index begun in 2014.

“Operating conditions in Kenya’s private sector improved to the greatest extent since the survey began in January 2014…

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