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Kenya: Delay of Long Rains, Rise in Fuel Price Leaves Kenya's GDP Unchanged at 5.6%

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 1 October 2019.

Published on October 1, 2019, Kenya's economy expanded by 5.6 percent in the second quarter of 2019, unchanged from the first quarter of the year.

The growth was curtailed by a slowdown in activities of agriculture, manufacturing, and transportation, according to the Kenya National Bureau of Statistics (KNBS).

While the expansion was lower than the 6.4 percent growth registered during the same quarter in 2018, key macroeconomic aggregates remained well anchored and supportive of economic growth, the statistics office noted.

The agriculture sector grew by 4.1 percent in the review quarter, compared to 6.5 percent in the second quarter of 2018, due to delayed long rains that somewhat curtailed agricultural production.

On the other hand, the manufacturing sector posted a slowed growth of 4.2 percent in the second quarter of 2019, compared to a growth of 4.7 percent during the same quarter of 2018.

Additionally, inflation edged upwards from an average of 3.98 percent during the second quarter of 2018 to 5.92 percent during the quarter under review, mainly due to higher prices of food and beverages and rising cost of transportation.

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