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Originally published by Capital Business
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business
June 5, 2025
1mo ago

Private sector slows in May as demand softens, new orders Weaken

Private sector slows in May as demand softens, new orders Weaken

NAIROBI, Kenya, June 5 - Kenya’s private sector faced a mild slowdown in May, marking the end of seven months of steady growth, as persistent inflationary Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya's private sector experienced a mild slowdown in May, marking the end of seven months of growth due to inflationary pressures and reduced consumer demand.

  • The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) fell to 49.6 in May from 52.0 in April, indicating contraction.
  • Christopher Legilisho, an economist at Standard Bank, noted signs of fragility in the recovery.
  • New orders declined for the first time in over six months, impacting key sectors like construction, retail, and services.

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