Leading Economic Indicators - November 2017

Abstract

The Leading Economic Indicators (LEI) for November 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 182.50 points in October 2017 to 182.07 points in November 2017. The overall rate of inflation dropped from 5.72 percent to 4.73 per cent during the same period. In November 2017, the Kenyan Shilling depreciated against the major trading currencies except for 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, decreased from 8.09 per cent in October 2017 to 8.01 per cent in November 2017 while the inter-bank rate rose from 7.85 per cent to 8.86 per cent over the same period.