Kenya private sector activity slows slightly in November: PMI

Employees at the Kenya Cane spirit production line at the East African Breweries Limited factory in Nairobi, Kenya. [Photo: Reuters]

NAIROBI- Kenya’s private sector expanded at a slower pace in November compared with the previous month, a survey showed on Wednesday.

The Markit Stanbic Bank Kenya Purchasing Managers’ Index(PMI) for manufacturing and services fell to 53.1 in November from 54.0 the previous month. A reading above 50.0 marks growth.