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Frosty weather conditions hit Kenya’s sales abroad last month even as global recession lies in wait, new data shows.
The latest Stanbic Bank’s Purchasing Managers’ Index (PMI) - a survey that measures the health of the private sector - shows that there was a slow growth in exports in August with the headline PMI dropping to 52.9 from 54.1 in July. This was the lowest level since May this year.
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