Leading Economic Indicators - December 2009

Abstract

The Leading Economic Indicators (LEI) for December 2009 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. The CPI computed using the new approach increased by 0.21 percent from 141.21 points in November 2009 to 141.51 points in December 2009. Month-on-month overall inflation rate stood at 5.3 percent in December 2009 compared to 5.0 percent in November 2009. The Kenya Shilling recorded mixed performance in December 2009 depreciating against the US Dollar and the South African Rand while strengthening against the Sterling Pound, Euro and the Japanese Yen. The benchmark 91-day Treasury bill rate increased by 8.3 per cent to trade at 7.82 per cent in December 2009 up from 7.22 per cent recorded the previous month.