Leading Economic Indicators - May 2022

Abstract

The Leading Economic Indicators (LEI) for May 2022 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 Consumer Price Index (CPI) increased from 122.17 points in April 2022 to 123.12 points in May 2022. The overall rate of inflation rose from 6.47 per cent to 7.08 per cent over the same period. In May 2022, the Kenyan Shilling appreciated against all other major currencies except the US Dollar and the Tanzanian Shilling. The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates rose from 7.39 per cent in April 2022 to 7.65 per cent in May 2022.