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Uganda’s private sector output expands for eleventh successive month

The latest expansion in purchasing activity and a quickening of deliveries from suppliers meant that inventories increased for the eighth month. File Photo

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Getting your Trinity Audio player ready… The monthly Stanbic Purchasing Managers’ Index (PMI), a measure of Uganda’s private sector business confidence, saw a slight drop from 57.4 in May to 56.4 in June, but optimism remains high on the back of improving customer demand which is sustaining growth of output…

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