Kenya’s Private Sector Activity Stabilizes in June, Ends 3 Months Contraction

Kenya's PMI reached 50.0 in June, ending three consecutive months of private sector contraction and signaling stabilization.

The recovery was primarily driven by an uptick in new orders and improved sales across the local market.

Annual inflation slowed to 6.4% in June, offering some relief against persistent high operating costs for Kenyan firms.

Businesses maintain an optimistic outlook, citing anticipated lower fuel costs and increased investment in technology and marketing strategies

Kenya’s Private Sector Activity Stabilizes in June, Ends 3 Months Contraction

Kenya's PMI reached 50.0 in June, ending three consecutive months of private sector contraction and signaling stabilization.

The recovery was primarily driven by an uptick in new orders and improved sales across the local market.

Annual inflation slowed to 6.4% in June, offering some relief against persistent high operating costs for Kenyan firms.

Businesses maintain an optimistic outlook, citing anticipated lower fuel costs and increased investment in technology and marketing strategies

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