Kenyan Businesses Improve As October PMI Rise to 52.5

Kenyan business activity returned to growth in October as new orders increase sharply and expectations improved.Key findings of the Kenyan PMIOutput rises for first time in eight months amid sharp upturn in salesBusiness confidence strongest since early-2020Input cost inflation at near three-year highThe Stanbic Bank Kenya PMI signalled a renewed rise in business activity in October, the first for eight months, supported by stronger customer demand.