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Kenya private sector activity inches up in December -PMI

Kenya’s private sector activity increased only slightly in December as firms struggled with a jump in prices of materials and shortages in some cases, a survey showed on Wednesday.

The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) rose slightly to 51.4 last month from 51.3 in November. The 50.0 mark separates growth from contraction.

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