Trade deficit widens 28pc on imports of machinery, goods

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Central Bank of Kenya. FILE PHOTO | NMG

Kenya’s trade deficit widened by 28 percent in the quarter ended March, mainly on increased expenditure on manufactured goods and machinery imports.

Fresh data by the Central Bank of Kenya (CBK) shows that the country’s trade deficit— the difference between exports and imports -- grew to Sh317.49 billion in the period under review from Sh247.78 billion in the first quarter last year.

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