CPI and Inflation Rates for May 2015

cpi052015.fwKenya National Bureau of Statistics hereby releases Consumer Price Indices (CPI) and inflation rates for May, 2015. These numbers have been generated using data collected during the second and third weeks of the month under review. The prices were obtained from selected retail outlets in 25 data collection zones located in Nairobi and 13 other urban centers.

The CPI increased by 0.81 per cent from 158.70 in April 2015 to 159.98 in May 2015. The overall inflation rate stood at 6.87 per cent in May 2015.

Download CPI and Inflation Rates for May 2015

Crime & Burglary In Kenya: Home Security Tips

Kenya is a country of many contrasts. On the one hand, we have the high rates of crime recorded with prevalence in areas like Nairobi, Mombasa, and Kisumu. On the other hand, we have the coastal beach resorts, the birding and high density and assorted wildlife experiences in the national parks that continue to attract an important number of tourists every year. Unfortunately, the same tourists who came here to get better acquainted with the fascinating cultures in the country do this violently, as hey are submitted to attacks by armed assailants.

Kenya has a lot of issues, but it is worth visiting if you know how to stay safe.

What To Be Aware Of Once You Arrive Here

  • Carjacking, the number one crime in Kenya. Vehicle on the go are used for snatching bags and phones on city streets. The solutions is to always drive with your doors locked and the windows pulled up – use air conditioning instead of cracking the windows for air.

  • A few years ago two US citizens were killed and another was critically injured in two carjacking incidents. And Nairobi records 10 vehicle hijackings on a daily basis. The hands of the investigation authorities are almost entirely tied, so tourists need to do everything in their power to keep safe.

  • Public transportation carrying up to 14 passengers is also often times submitted to criminal acts.

How To Make Your Stay Safer

  • Personal screaming alarms that can be triggered by people in danger who are under attack and unable to scream on their own are excellent devices.

  • Portable locks are also highly effective for hotel rooms and rental homes that do not have locks that are sturdy or reliable enough. Plus, you can never be too safe, so an extra lock that matches any door will fit perfectly in your luggage.

  • A professional locksmith can recommend the best solutions in terms of locks and padlocks or security alarms. You can also go online and look into your options, or go down the hardware store in your city and do some shopping for your security needs during your traveling.

  • Your luggage can be protected with the help of portable luggage padlocks useful for traveling by plane, train, and bus. Train stations and airport terminals will feel a lot safer once you will know your luggage is well protected by quality electronic padlocks with unique combos that can be changed.

  • Make sure you get a local emergency number for a locksmith in the area where you will be staying. Since you will be traveling to a place you are not familiar with, you might lock yourself out of your temporary home or lose the key. In such circumstances, an emergency locksmith is what you need. And because any kind of a key or lock emergency will automatically make you feel stressed out and anxious, chances are you will not have the patience to do the research. So it will help if you would take some time before your journey and look for a Kenyan locksmithing company similar to the Nationwide Locksmith company in the U.S.

  • These fellows handle the entire range of locksmithing services for homes, cars, and business spaces, including 24/7 emergency lockouts at affordable prices and fast speeds. Save their number in your contacts in case you ever need a lock changed or a duplicate key done.

The launch of Foreign Investment Survey (FIS) 2015

FIS LAUNCH.fwThe overall objective purpose of Foreign Investment Survey (FIS) is to collect information from resident enterprises on their foreign assets and liabilities, and investor perceptions on the business environment;
– for use in the compilation of Balance of Payments (BOP), International Investment Position (IIP) and related external debt statistics;
– To comply with current international methods and practices of compilation and reporting of BOP and IIP statistics.

Download Presentation by Mr. Zachary Mwangi, Director General

Leading Economic Indicators March 2015

lei032015The Leading Economic Indicators for the month of March 2015 highlights trends in Consumer Price Indices (CPI) and inflation, interest rates, exchange rates, international trade, agriculture, energy, manufacturing, building and construction, tourism and transport.

Consumer Price Index (CPI) increased from 154.14 points in February 2015 to 155.86 points in March 2015. The overall rate of inflation expanded from 5.61 per cent to 6.31 per cent during the same period. In March 2015, the Kenyan Shilling depreciated against the US dollar, the Japanese Yen and the Ugandan shilling while appreciating against the other major currencies. However, the Kenyan shilling maintained the same exchange rate during the review period.
The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, declined to 8.49 per cent in March 2015. The inter-bank rates fell to 6.84 per cent during the period.
The Nairobi Securities Exchange 20 share index decreased from 5,491 points in February 2015 to 5,346 points in March 2015, while the total number of shares traded increased from 593 million to 614 million shares during the same period. The total value of NSE shares traded expanded from KSh 16.11 billion to KSh 20.52 billion over the same period. Broad money supply (M3), a key indicator for monetary policy formulation expanded from KSh 2,407.83 billion in February 2015 to KSh 2,398.76 billion in March 2015. Gross Foreign Exchange Reserves increased from KSh 890.55 billion in January 2015 to KSh 910.92 billion in February 2015. Net Foreign Exchange Reserves went up from KSh 474.00 billion to KSh 488.50 billion over the same period. Download Leading Economic Indicators March 2015 

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