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NAIROBI, KENYA: Kenya recorded a sustained growth in the private sector during the month of May with business conditions improving at a robust pace, despite slowdown in output growth, according to the Purchasing Managers Index, released by CfC Stanbic Bank.
Underpinning the overall expansion, according to analysts at CfC Stanbic Bank, was a strong increase in new orders alongside a survey-record rise in payroll numbers.
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