In the third quarter of 2022, net financial inflows increased by 13.4 per cent to a surplus of KSh 190.8 billion from a surplus of KSh 168.3 billion in the corresponding quarter of 2021. Inflows of other investment remained the main source of external financing which included a loan from the International Monetary fund received in July 2022. Read More
This report examines the performance of Kenya’s economy in the third quarter of 2022. The country’s real GDP expanded by 4.7 per cent during the quarter in review compared to a 9.3 per cent growth in the same quarter of 2021. Read More
The overall year on year inflation rate as measured by the Consumer Price Index (CPI) was 9.1 per cent, in December 2022. As presented in Tables 1 and 2, the rise in inflation was largely due to increase in prices of commodities under food and non-alcoholic beverages (13.8%); transport (13.0%) and housing, water, electricity, gas and other fuels (6.2%) between December 2021 and December 2022. Read More