The volume of new business received by Kenyan private sector companies remained broadly stable in April, as has been the case throughout 2024 on balance. This continued a relative improvement compared with 2023 when new orders fell ten times.
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Lower fuel prices helped to cool input cost inflation to a 26-month low, supporting the softest increase in output prices for one-and-a-half years.
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Rises in input costs and output prices were the softest since April, having slowed markedly from record highs in October.
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The rise in input costs translated into another marked uplift in firms' output charges, which was also slightly softer than October's survey record.
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The rate of decline was the second-fastest since August 2022 and close to the marked downturn seen in July.
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