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The private sector activity jumped in June, helped by increased local and external demand for goods, a survey showed on Wednesday, and it was seen improving further after government departments pay their outstanding bills.
The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) for manufacturing and services rose to 54.3 in June from 51.3 in May and was its highest in 10 months. Any reading above 50 indicates growth.
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