The Leading Economic Indicators highlights trends in Consumer Price Indices (CPI) and inflation, interest rates, exchange rates, international trade, agriculture, energy, manufacturing, building and construction, tourism and transport.
Consumer Price Index (CPI) increased from 172.62 points in October 2016 to 173.85 points in November 2016. The overall rate of inflation rose from 6.47 per cent to 6.68 per cent during the same period. In November, 2016 the Kenyan Shilling appreciated against the Euro, the Japanese Yen and the Ugandan shilling while depreciating against other currencies.
The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, decreased from 8.06 per cent in Septmber 2016 to 7.84 per cent in October 2016 while the inter-bank rate declined to 4.12 in October 2016 from 4.87 per cent in September 2016.
The Nairobi Securities Exchange (NSE) 20 share index contracted from 3,251 points in October 2016 to 3,247 points in November 2016, while the total number of shares traded increased from 351 million shares to 461 million shares during the same period. The total value of NSE shares traded increased from KSh 7.85 billion in October 2016 to KSh 10.44 billion in November 2016. Download Leading Economic Indicator November 2016
Broad money supply (M3), a key indicator for monetary policy formulation contracted from KSh 2,761.84 billion in September 2016 to KSh 2,750.41 billion in October 2016.Gross Foreign Exchange Reserves declined from KSh 1,070.31 billion in September 2016 to KSh 1,044.71 billion in October 2016. Net Foreign Exchange Reserves decreased from KSh 593.88 billion in September 2016 to KSh 576.03 billion in October 2016.