Kenyan business activity returns to growth as October PMI rises to 52.5
The Stanbic Bank Kenya PMI rose to 52.5 in October as new orders jumped, Business Today Kenya reported. Output grew for the first time in eight months, and business confidence hit its highest level since early 2020.
Kenyan business activity returned to growth in October, according to the Stanbic Bank Kenya Purchasing Managers' Index (PMI). The index reached 52.5, Business Today Kenya reported on Wednesday. New orders rose sharply, and firms grew more upbeat about the months ahead, the outlet said. Output rose for the first time in…
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