Kenya’s economy slows faster than estimates

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Kenya National Bureau of Statistics (KNBS) Director-General Macdonald Obudho at a past event on on January 17, 2023. PHOTO | DIANA NGILA | NMG

Kenya’s economic output last year slowed more than earlier estimated amid a biting drought which hit farming and a jump in prices that constrained consumption.

The economic growth decelerated to 4.8 percent in the year ended December from a revised 7.6 percent in 2021, the Kenya National Bureau of Statistics (KNBS) data shows.

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Note: The results are not exact but very close to the actual.