Kenya’s economic growth is estimated to have decelerated to 4.4 per cent in the third quarter of 2017
In the third quarter of 2017, Kenya's economic growth decelerated to 4.4 per cent due as prolonged electoral politics and drought took a toll.
This is the slowest growth since the fourth quarter of 2013, and is mainly due to suppressed performance of key sectors of the economy including manufacturing, mining, finance, accommodation, food services and quarrying.
Financial and insurance sectors recorded the largest drop from 7.1 per cent in third quarter of 2016 to 2.4 per cent in the period under review.
On the other hand, some sectors bucked the trend to record accelerated growth.
These include real estate, professional services, administration and support services, public administration and the Information and Communication sector.