Leading Economic Indicators - October 2017

Abstract

The Leading Economic Indicators (LEI) for October 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 183.66 points in September 2017 to 182.50 points in October 2017. The overall rate of inflation dropped from 7.06 per cent to 5.72 per cent during the same period. In October 2017, the Kenyan Shilling appreciated against the major trading currencies except for the US Dollar and the Ugandan Shilling. The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, decreased from 8.13 per cent in September 2017 to 8.09 per cent in October 2017 while the inter-bank rate rose from 5.52 per cent to 7.85 per cent over the same period.