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Kenya National Bureau of Statistics

The Kenya National Bureau of Statistics (KNBS) is committed to providing statistical services through production and management of quality statistics. KNBS mission is to develop, provide and promote quality statistical information for evidence-based decision making.

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    • September 2019
      Quelle: Kenya National Bureau of Statistics
      Hochgeladen von: Knoema
      Zugriff am: 07 Oktober, 2019
      Datensatz auswählen
      Generally, macroeconomic factors were favorable to growth during the quarter under review. The average inflation in the period under review eased to 4.40 per cent from 4.49 per cent in the first quarter of 2018. The Kenya Shilling strengthened against all its major trading currencies during the quarter under review compared to the same quarter of 2018. The Shilling gained strongly against the South African Rand, Euro and Pound Sterling. The Kenyan currency also strengthened against the Japanese Yen,Ugandan and Tanzanian Shillings and marginally against the US Dollar. Weighted interest rates on commercial banks’ loans and deposits averaged at 12.49 per cent in the period under review compared to 13.61 per cent in the first quarter of 2018. This was as a consequence of a downward review of the Central Bank Rate to 9.00 per cent during the period under review. The Nairobi Securities Exchange (NSE) 20 Share Index averaged at 2,915 points in the quarter under review compared to an average of 3,780 points during the same quarter in 2018. Value of total exports declined to KSh 156.9 billion in the quarter under review from KSh 161.7 billion during the same quarter of 2018 mainly due to a reduction in value of exports to Far East Asia. Similarly, value of imports declined by 3.9 per cent to KSh 421.2 billion from KSh 438.5 billion in the first quarter of 2018. The deficit in the current account balance narrowed to KSh 78.8 billion during the quarter under review from KSh 117.1 billion in a similar quarter of 2018.
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