Leading Economic Indicators - January 2007

The Leading Economic Indicators (LEI) for January 2007 is a monthly publication of the Kenya National Bureau of Statistics that highlights trends in consumer price indices and inflation, interest rates, exchange rates, international trade, agriculture, energy, manufacturing, building and construction, tourism and transport. Consumer Price Index (CPI) increased by 3.1 per cent from 214.1 points in December 2006 to 220.7 points in January 2007. Month-on-month overall inflation rate decelerated from 15.6 per cent in December 2006 to 9.7 per cent in January 2007. Financial Intermediation In December 2006, the Kenyan Shilling appreciated against all the major international currencies while weakening against the South African Rand, Tanzanian and Ugandan Shilling. The average yield rates for the 91-day Treasury bills declined by 10.6 per cent in December 2006 compared to a 6.1 per cent increase in November 2006.