Quarter two macroeconomic bulletin like in the previous edition (quarter one), features four thematic sections on Kenya’s macroeconomic developments aligned respectively to the four sectors of the economy, real, external, fiscal and monetary. This bulletin is organized as follows.
Section one reveals the underlying performance of Kenya’s productive economy through a lens of trends analysis of GDP deflators for five key sectors of the economy, agriculture, manufacturing, transport and storage, wholesale and retails and financial services beyond the consumer price index.
Section two discusses the economic implications of Kenya’s exchange rate which shows signs of overvaluation. Section three presents a trend analysis of the magnitude remittances into Kenya over a twenty-year period and also in relation to GDP and its components including total investments and consumption expenditure.
