The private sector has shown signs of overcoming a tough operating environment in the second half of 2017. According to the latest Stanbic Bank Kenya Purchasing Managers Index, the sector has recorded a solid improvement in its operating environment. The PMI shows the latest index reading for the sector was recorded at 52.9 from 53.0 in December. On the price front, overall input costs rose at a sharp rate largely driven by a marked increase in purchase prices. Although the rate of growth softened slightly from December’s 11-month high, the expansion remained strong overall.

Source: The Star February 05, 2018 21:11 UTC