[The Exchange] Kenya's Purchasing Managers' Index (PMI) fell below the 50 points mark to 44.2 in August 2022, down from 46.3 in July, to indicate deteriorating conditions for businesses in the country Businesses in Kenya were negatively affected by the August 2022 general elections, further deepening woes currently being experienced in the country's private sector The decline was the lowest seen since the lockdown hit a period in April 2021 and was led by the construction and manufacturing sectors
