The overral inflation rate for November stood at 6.68 per cent, compared to 6.47 per cent in October. Food and Non-Alcoholic Drinks’ Index increased by 1.17 per cent, due to the increase of prices of several food items.Download CPI and Inflation Rates for November 2016…
Consumer Price Index (CPI) increased from 170.97 points in August 2016 to 171.56 points in September 2016. The overall rate of inflation rose from 6.26 per cent to 6.34 per cent during the same period. In September, 2016 the Kenyan Shilling appreciated against all the major currencies while depreciating against the Tanzanian shilling and the Sterling Pound.
The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, decreased from 8.48 per cent in August 2016 to 8.06 per cent in September 2016 while the inter-bank rate declined to 4.87 in September 2016 from 4.96 per cent in August 2016.
The Nairobi Securities Exchange (NSE) 20 share index expanded from 3,179 points in August 2016 to 3,243 points in September 2016, while the total number of shares traded increased from 708 million shares to 746 million shares during the same period. The total value of NSE shares traded decreased from KSh 17.66 billion in August 2016 to KSh 16.87 billion in September 2016.
Broad money supply (M3), a key indicator for monetary policy formulation expanded from KSh 2,739.94 billion in August 2016 to KSh 2,761.84 billion in September 2016. Gross Foreign Exchange Reserves increased from KSh 1,046.28 billion in August 2016 to KSh 1,070.31 billion in Septembers 2016. Net Foreign Exchange Reserves increased from KSh 579.21 billion in August 2016 to KSh 593.88 billion in September 2016. Download Leading Economic Indicators September 2016…