Exports in Kenya
Kenya - Exports
Momentum likely picked up halfway through Q1 2022: Private sector business conditions improved in February–March and employment levels rose in the quarter. These dynamics should have somewhat cushioned the impacts of the war in Ukraine—mounting price pressures and supply chain disruptions—on demand and production. Going into Q2, spending will remain under pressure: At 14 April’s price review, amid the worst fuel shortages in a decade, taxes on fuel were raised to their highest levels since the country started setting levies for fuel in 2010. Soaring fuel prices will push up inflationary pressures and could lead to tighter monetary policy ahead, dragging on demand. More positively, on 14 April, the UN released USD 30 million to be distributed among Ethiopia, Kenya and Somalia to mitigate food insecurity.Kenya - Exports Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Exports (USD billion) | 5.9 | 5.7 | 5.7 | 6.1 | 5.8 |
Kenya Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 12.20 | 0.0 % | Dec 31 |
| Exchange Rate | 101.4 | 0.05 % | Jan 01 |
| Stock Market | 0.4 | 0.0 % | Jan 07 |
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Economic News
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Kenya: PMI falls into contractionary territory in April
May 6, 2022
The Purchasing Managers’ Index (PMI)—produced by Stanbic Bank and S&P Global—fell to a three-month low of 49.5 in April from March's 50.5.
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Kenya: Inflation rises further in April
April 28, 2022
Consumer prices rose 1.69% month on month in April on a seasonally-adjusted basis, markedly up from March’s 0.85% increase, and marking the strongest increase in over two years.
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Kenya: PMI drops in March; conditions improve marginally
April 5, 2022
The Purchasing Managers’ Index (PMI)—produced by Stanbic Bank and S&P Global—fell to 50.5 in March, down from February’s 52.9.
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Kenya: Inflation picks up in March
March 31, 2022
Consumer prices rose 0.85% month on month in March on a seasonally-adjusted basis, markedly up from February’s 0.41 increase.
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Kenya: Central Bank stands pat in March
March 29, 2022
The Monetary Policy Committee (MPC) of the Central Bank of Kenya stood pat at its 29 March meeting, leaving the Central Bank Rate unchanged at 7.00%.
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