The Continues Expansion of Kenyan Private sector In November 2024

Shazmeerjiwan21 Jan, 2025Business

The Kenyan private sector demonstrated sustained growth in November 2024, The PMI climbed to 50.9 from 50.4 in October. The major, key factors behind this grow are higher sales, purchase activity, and employment growth. However, this expansion having some challenges also, like Rising Costs, Inflationary Pressures and Weakening Sentiment. The sustained growth indicates a positive economic outlook, but ongoing monitoring of these challenges will be crucial for maintaining momentum.