Uganda PMI Rises to 54.3 in March

Uganda's private sector PMI edged up to 54.3 in March, marking 14th straight month of expansion.
Output, new orders and customer purchasing power grew broadly, while firms added temporary staff and backlogs rose for second month.
Input costs rose due to higher wages, fuel and utilities, prompting firms to raise selling prices for the 18th consecutive month.
Economist Christopher Legilisho said firms remain optimistic on output despite Middle East conflict; headline inflation fell to 2.8% YoY in March.