Leading Economic Indicators - July 2007

The Leading Economic Indicators (LEI) for July 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 0.7 per cent from 224.9 points in June 2007 to 226.6 points in July 2007. Month-on-month overall inflation rate accelerated from 11.1 per cent in June 2007 to 13.6 per cent in July 2007. The Kenyan Shilling depreciated against all the major international currencies at the close of July 2007. The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates declined from 6.77 per cent in May 2007 to 6.53 per cent in June 2007.