Leading Economic Indicators January 2015

lei012015Consumer Price Index (CPI) increased from 152.51 points in December 2014 to 153.43 points in January 2015. The overall rate of inflation declined from 6.02 per cent to 5.53 per cent during the same period. In January 2015, the Kenyan Shilling depreciated against the US dollar and the Japanese Yen while appreciating against the other major currencies.
The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, rose to 8.59 per cent in January 2015 from 8.50 per cent in December 2014. The inter-bank rates rose to 7.24 per cent during the period. The Nairobi Securities Exchange 20 share index increased from 5,113 points in December 2014 to 5,212 points in January 2015, while the total number of shares traded declined from 900 million to 414 million shares during the same period. The total value of NSE shares traded contracted from KSh 31.58 billion to KSh 9.72 billion over the same period. Broad money supply (M3), a key indicator for monetary policy formulation expanded from KSh 2,329.98 billion in December 2014 to KSh 2,350.80 billion in January 2015. Gross Foreign Exchange Reserves on the other hand, contracted from KSh 893.0 billion in December 2014 to KSh 890.6 billion in January 2015. Net Foreign Exchange Reserves decreased from KSh 481.5 billion to KSh 474.0 billion over the same period. Download Leading Economic Indicators January 2015