Leading Economic Indicators - July 2017

Abstract

The Leading Economic Indicators (LEI) for July 2017 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) decreased from 185.39 points in June 2017 to 183.60 points in July 2017. The overall rate of inflation declined from 9.21 per cent to 7.47 per cent during the same period. In July 2017, the Kenyan Shilling depreciated against the major trading currencies except for the South African Rand and the Japanese Yen. The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, decreased from 8.42 per cent in June 2017 to 8.22 per cent in July 2017 while the interbank rate rose from 3.99 in june 2017 to 6.84 per cent in July 2017.