NAIROBI( Reuters)- Kenya’s private sector exertion rose in November after falling a month before, helped by advanced affair in the husbandry and construction sectors, a check showed on Monday
The S&P Global( NYSESPGI) Kenya Purchasing directors‘ Index( PMI) rose to50.9 in November from50.2 a month before. It stood at51.7 in September. Readings above50.0 signal growth in business exertion, while those below that point to a compression.
The S&P Global( NYSESPGI) Kenya Purchasing directors‘ Index( PMI) rose to50.9 in November from50.2 a month before. It stood at51.7 in September. Readings above50.0 signal growth in business exertion, while those below that point to a compression.
” Sector data showed that growth was broad– grounded in November, led by construction and husbandry,” S&P Global said in commentary accompanying the check.
Kenya’s affectation fell to9.5 time– on- time in November from9.6 a month before, data from the statistics office showed, its first drop since February, helped by easing prices of food and energy.
The check showed that input costs rose, due to advanced import costs due to a weaker shilling versus the bone , advanced taxation and transport costs.