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Machinery lifts imports to Sh679bn in Q1
People viewing machinery on exhibition at the Kenya Wheat Expo 2023 organised by Nation Media Group, at Central Primary School ground in Eldoret town Uasin Gishu County on June 30, 2023.
Kenya’s import bill for the first quarter of the year has rebounded from last year’s drop on increased orders for machinery, fuel and industrial supplies, signalling growth in economic activities.
Traders spent Sh679.21 billion on goods from abroad in the three-month period through March, provisional data from the Kenya National Bureau of Statistics shows, a 15.85 percent growth over Sh586.27 billion in a similar period last year.