Consumer Price Indices and Inflation Rates for December 2018

Kenya National Bureau of Statistics hereby releases monthly Consumer Price Indices (CPI) and rates of inflation for December, 2018. These numbers were generated from a survey of retail prices that targeted a basket of household consumption goods and services. The exercise was conducted during the second and third weeks of the month, with prices being obtained from selected retail outlets in 25 data collection zones in Nairobi and in 13 other urban centers.

The CPI increased by 0.65 per cent from 192.25 in November 2018 to 193.51 in December 2018. The overall year on year inflation in December stood at 5.71 per cent. Consumer Price Indices and Inflation Rates for December 2018

CAUTION AGAINST FAKE JOB ADVERTISEMENT ON THE 2019 KENYA  POPULATION AND HOUSING CENSUS

The Kenya National Bureau of Statistics (KNBS) would like to bring to the attention of the public that it has not placed any job advertisement for the 2019 Census, as is being purported through social media.

We wish to notify the public that all our recruitments are coordinated from our Human Resource Management and Development office in Nairobi. All KNBS job advertisements are done through the daily newspapers, uploaded on the website, www.knbs.or.ke, and a link sent to the official social media sites. Anytime you receive job advertisements purported to be from the Bureau, kindly verify such details from our official platforms.

The recruitment processes are free, fair and do not involve exchange of money or favors of any kind. Members of public are therefore advised NOT to send any money for employment.

The people behind the advert are fraudsters and conmen posing as employees of the Bureau for their selfish gains.

We caution the public to be wary of such individuals who purport to be recruiting on   behalf of the Bureau.

For further enquiries

Contact:

The Director General

Kenya National Bureau of Statistics

P.O. Box 30266-00100

Nairobi.

Tel:     +254(0)20-3 317 583/612/651/723/622/588/586

+254 701 244 533

Website: www.knbs.or.ke

Twitter handle @KNBStats

Facebook page Kenya Stats

Email; info@knbs.or.ke

directorgeneral@knbs.or.ke

 

Consumer Price Indices and Inflation Rates for November 2018

Kenya National Bureau of Statistics hereby releases monthly the Consumer Price Indices (CPI) and rates of inflation for November, 2018. These numbers were generated from the survey of retail prices that targeted a basket of household consumption goods and services. The exercise was conducted during the second and third weeks of the month, with prices being obtained from selected retail outlets in 25 data collection zones in Nairobi and in 13 other urban centers.

The CPI decreased by 0.18 per cent from 192.60 in October 2018 to 192.25 in November 2018. The overall year on year inflation in November stood at 5.58 per cent. Consumer Price Indices and Inflation Rates for November 2018

Statistical Abstract 2018

This Abstract has been prepared by the Kenya National Bureau of Statistics. The tables have been compiled partly from statistics collected directly by the Bureau through Surveys and Censuses and also from statistics compiled by other Ministries, Departments and Agencies (MDAs) including county Governments. The source of the statistical data is shown under each table.
The Kenya National Bureau of Statistics is also responsible for the preparation of the Economic Survey and Leading Economic Indicators in which emphasis is placed on current statistics for which monthly and quarterly series are available. In addition, reports are published on the various regular and ad hoc statistical surveys undertaken by the Bureau.
Whereas these publications aim at providing statistical coverage of the important fields of economic, financial and social activity in Kenya, the published material may not meet detailed requirements of all users. Additional information, whenever available, will be supplied by the Bureau on request, although in certain circumstances, depending on the amount of work involved in extracting the required particulars, it may be necessary to make a charge. Statistical Abstract 2018

AFRICAN STATISTICS DAY 2018

The Kenya National Bureau of Statistics is joining other statistical agencies in African to celebrate the African Statistics Day. This day is celebrated each year in Africa on 18th November to raise public awareness of the importance of statistics in all aspects of social and economic life. The theme of the Day this year “High-quality official statistics to ensure transparency, good governance and inclusive development” highlights the value of official statistics in addressing transparency, good governance and inclusive development.

Availability and appropriate use of good economic statistics can translate into better lives for people through providing evidence as a base for policy and decision-making by the nation or by firms, households, and citizens. Statistics provide information for monitoring, evaluation, and reporting of the progress in meeting the goals and targets of the Sustainable Development Goals (SDG), as well as a basis for effective economic governance to promote the welfare of a nation.

The importance of statistics in understanding and using economic information for planning and policy design cannot be overstressed. All key macroeconomic variables (national accounts, savings and investment, employment interest rates, inflation) and microeconomic (poverty, inequality, social outcome indicators, etc.) are based on statistics. For example, national accounts that measure the overall size and strength of the economy, as well as trends in production, consumption, investment, and savings amongst other variables or indicators. Income and wealth of the economy are the bases of the well-being of the individuals and households. When the economy is strong, there will be more opportunities for jobs and employment. Increased employment will elevate more people out of poverty and increase productivity as well.

Government provides public goods and services to citizens and intervene and influence the economy through fiscal policy. Government finance statistics show the amount and sources of government financial resources and how these resources are spent. A positive impact from public finance (revenues and spending) on the economy can return high growth in the economy, which brings in more tax revenues. Good government financial statistics help improve the transparency and good governance of the economy, and thus better the well-being of the people.

African Statistics Day was initiated in 1990 by the Joint African Conference of Planners, Statisticians and Demographers, which is a subsidiary body of the Economic Commission for Africa (ECA).

Consumer Price Indices and Inflation Rates for October 2018

Kenya National Bureau of Statistics hereby releases monthly Consumer Price Indices (CPI) and rates of inflation, for October, 2018. These numbers were generated from a survey of retail prices that targeted a basket of household consumption goods and services. The survey was conducted during the second and third weeks of the month, with prices being obtained from selected retail outlets in 25 data collection zones in Nairobi and in 13 other urban centers.
The CPI decreased by 0.79 per cent from 194.14 in September 2018 to 192.59 in October 2018. The overall year on year inflation stood at 5.53 per cent in October 2018. Download Consumer Price Indices and Inflation Rates for October 2018

Producer Price Index Third Quarter 2018

Kenya National Bureau of Statistics hereby releases the Producer Price Index (PPI) for the third quarter of 2018.  Producer Price Index measures the gross changes in the trading price of products on the domestic and non-domestic markets, at all stages of processing.

The price changes are measured from the perspective of the producer. The producer prices are collected as at 15th February, 15th May, 15th August and 15th November of the year. These dates correspond to the first, second, third and fourth quarters of the year, respectively.

The Producer Price Indices are grouped according to the International Standards of Industrial Classifications of All Economic Activities (ISIC) . The third quarter year on year overall producer inflation was 0.37 per cent in September 2018 compared to 5.46 per cent recorded in September 2017.Producer Price Index Third Quarter 2018

Quarterly Balance of Payments Second Quarter, 2018

Balance of payments estimates for the second quarter, that is April to June 2018 are presented in Table 1. Current account deficit narrowed to KSh 85.8 billion, in the second quarter of 2018 from KSh 130.4 billion in the second quarter of 2017. The net surpluses in the service and secondary income accounts contributed significantly to the narrowing of the current account deficit. The current account deficit was primarily brought about by larger increases in merchandise imports relative to exports. Merchandise imports valued on free on board (fob) basis grew by 7.6 per cent to KSh 437.1 billion while merchandise exports increased by 6.3 per cent to KSh 159.6 billion in the second quarter of 2018. Consequently, international merchandise trade balance deficit worsened by 8.3 per cent to KSh277.5 billion.

International trade in services inflows increased by 10.1 per cent to KSh 136.2 billion while outflows went up by 13.3 per cent to KSh 99.1 billion. In the secondary income account, remittances by Kenyans employed in the diaspora amounted to KSh 74.7 billion in the second quarter of 2018 from KSh 47.6 billion in the corresponding quarter of 2017.

The financial account net inflows declined to KSh 18.8 billion in the second quarter of 2018 from KSh 140.8 billion in the second quarter of 2017. This was on the back of decreased inflows coupled with increased debt securities outflows mainly in portfolio investments and other investments categories. In the second quarter of 2018, there was net use up of KSh 41.1 billion to the foreign exchange reserves. Gross official reserves stood at KSh 904.8 billion as at end of June 2018 from KSh 889.7 billion as at end of June 2017. Overall balance of payments position during the quarter review recorded a deficit of KSh 33.6 billion.Quarterly Balance of Payments Second Quarter, 2018

Quarterly Gross Domestic Product Report Second Quarter, 2018

The country’s real Gross Domestic Product (GDP) is estimated to have expanded by 6.3 per cent in the second quarter of 2018 compared to 4.7 per cent during a similar quarter in 2017. The growth was against a backdrop of a fairly stable macroeconomic environment and favorable weather conditions. During the review period, the country experienced heavy rains that impacted positively on most of the agricultural and
generation of hydroelectricity activities.
Analysis by sector showed that activities of agriculture, and electricity and water supply recorded significant improvements to grow by 5.6 per cent and 8.6 per cent compared to growths of 0.8 per cent and 6.0 per cent, respectively during the second quarter of 2017. Accommodation and food service and Information and communication recorded the highest growths of 15.7 per cent and 12.6 per cent, respectively in the quarter under review. On the other hand, activities of the mining and quarrying and construction recorded the most notable deceleration in growths during the review period.Quarterly Gross Domestic Product Report Second Quarter, 2018

Consumer Price Indices and Inflation Rates for September 2018

Kenya National Bureau of Statistics hereby releases monthly Consumer Price Indices (CPI) and rates of inflation, for September, 2018. These numbers were generated from a survey of retail prices that targeted a basket of household consumption goods and services. The exercise was conducted during the second and third weeks of the month, with prices being obtained from selected retail outlets in 25 data collection zones in Nairobi and in 13 other urban centers.

The CPI increased by 1.02 per cent from 192.18 in August 2018 to 194.14 in September 2018. The overall year on year inflation stood at 5.70 per cent in September 2018. Consumer Price Indices and Inflation Rates for September 2018

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