Private sector activity slows to 15-month low on falling demand

A Kenyan worker wears a dust mask as she works at the Hela intimates export processing zone (EPZ) limited factory in Athi River, Nairobi. [Courtesy]

Private sector activities fell in February to a 15-month low, on the back of low consumer demand as well as a slowdown in output.

The Stanbic Purchasing Managers Index (PMI) that tracked the pulse of the private sector for February, released yesterday, showed that was the lowest since November 2017, an electioneering year.