Month: August 2016

Kenya National Bureau of Statistics hereby releases Consumer Price Indices (CPI) and rates of inflation for August, 2016. 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 which are located in Nairobi and in 13 other urban centers. The CPI increased by 0.08 per cent from 170.84 in July 2016 to 170.97 in August 2016. The overall inflation rate stood at 6.26 per cent in August 2016. Download CPI and inflation rates for August 2016

The Leading Economic Indicators 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) expanded from 169.76 points in June 2016 to 170.84 points in July 2016. The overall rate of inflation increased from 5.80 per cent to 6.39 per cent during the same period. In July, 2016 the Kenyan Shilling appreciated against the Sterling Pound, the Euro and the Ugandan shilling while depreciating against the US Dollar, the Japanese Yen, the South African Rand and the Tanzanian shilling.
The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, rose from 7.25 per cent in June 2016 to 7.41 per cent in July 2016 while the inter-bank rate rose to 5.50 in July 2016 from 4.87 per cent in June 2016.
The Nairobi Securities Exchange (NSE) 20 share index contracted from 3,641 points in June 2016 to 3,489 points in July 2016, while the total number of shares traded decreased from 601 million shares to 544 million shares during the same period. The total value of NSE shares traded dropped from KSh 17.25 billion in June 2016 to KSh 13.61 billion in July 2016.
Broad money supply (M3), a key indicator for monetary policy formulation dropped from KSh 2,754.14 billion in June 2016 to KSh 2,705.19 billion in July 2016.Gross Foreign Exchange Reserves declined from KSh 1,055.01 billion in June 2016 to KSh 1,053.86 billion in July 2016. Net Foreign Exchange Reserves expanded from KSh 560.34 billion in June 2016 to KSh 563.12 billion in July 2016. Download Leading Economic Indicators July 2016

Many institutions require substantial technical assistance and capacity building, to effectively produce sufficient and quality environment statistics. In addition to this, environmental expertise, scientific knowledge, institutional development capabilities, and adequate resources are equally necessary for the productions of quality environmental statistics.
Reading an opening speech on behalf of KNBS Director General Mr. Zachary Mwangi during the opening of the 3 day National Workshop on Environmental statistics, KNBS production and Statistics Director Mr. James Gatungu, said these challenges are a hindrance to many developing countries.
Mr. Gatungu said environment statistics portray key information about the state of the environment and its most relevant changes through space and time. “These statistics are necessary for producing environment assessments, state of the environment reports, environment compendia, environmental indicators, indicators of sustainable development as well as to facilitate environmental – economic accounts”, he noted.
United Nations Statistics Division (UNSD) Associate Statistician Reena Shah said the Workshop would help build national capacities for implementation of the Development of Environment Statistics (FDES 2013) Framework, to provide statisticians and experts from ministries of environment with detailed knowledge and understanding of contemporary approaches to environment statistics. Ms. Reena also said the FDES 2013 are a useful tool in the context of Sustainable Development Goals.
Meanwhile the Ministry of environment and natural resource representative Mr. Antony Mugane appreciated the effort by UNSD to strengthen national capacities of developing countries for the sustained, regular production of environmental statistics.
Speaking during the workshop, East African Community representative Mr. Michael Gitau said partner states should ensure promotion of sustainable utilisation of natural resources. He urged them to take up measures that effectively protect natural environment. “Partner States need to co-ordinate their policies in the management of environment and natural resources,’’ he said.
The National Workshop on Environment Statistics in support of the implementation of the Framework for the Development of Environment Statistics (FDES 2013) is jointly organized by Kenya National Bureau of Statistics (KNBS) and the United Nations Statistics Division (UNSD).

The Leading Economic Indicators 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) expanded from 167.99 points in May 2016 to 169.76 points in June 2016. The overall rate of inflation increased from 5.00 per cent to 5.80 per cent during the same period. In June, 2016 the Kenyan Shilling appreciated against the Sterling Pound, the Euro and the Uganda shilling while depreciating against the US Dollar, the Japanese Yen and the South African Rand.
The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, fell from 8.15 per cent in May 2016 to 7.25 per cent in June 2016 while the inter-bank rate rose to 4.87 in June 2016 from 3.61 per cent in May 2016.
The Nairobi Securities Exchange (NSE) 20 share index contracted from 4,009 points in April 2016 to 3,868 points in May 2016, while the total number of shares traded decreased from 426 million shares to 384 million shares during the same period. The total value of NSE shares traded dropped from KSh 10.07 billion in April 2016 to KSh 9.72 billion in May 2016.
Broad money supply (M3), a key indicator for monetary policy formulation rose from KSh 2,709.00 billion in May 2016 to KSh 2,754.14 billion in June 2016.
Gross Foreign Exchange Reserves declined from KSh 1,010.85 billion in May 2016 to KSh 1,055.01 billion in June 2016. Net Foreign Exchange Reserves expanded from KSh 511.34 billion in May 2016 to KSh 560.34 billion in June 2016.Download Leading Economic Indicators June 2016

Kenya National Bureau of Statistics (KNBS) in collaboration with Central Bank of Kenya (CBK) Kenya Investment Authority (KenInvest) has launched the 2016 Foreign Investment Survey. The launch was graced by Planning and Statistics PS Saitoti Torome who delivered a speech on behalf of Devolution and Planning CS Mwangi Kiunjuri, CBK Governor Dr. Patrick Njoroge, KNBS Director General Zachary Mwangi, among other dignitaries.

The survey which will be carried for three months captures comprehensive information on transactions in cross border assets and liabilities.

Remarks by Hon. Mwangi Kiunjuri, MGH, the Cabinet Secretary, Ministry Of Devolution and Planning, During