Uchumi wa Kenya in the first half of the year 2021 umekuwa by an average of 5.4 %

[Tony254]

In the first quarter, uchumi wa Kenya ulikuwa by 0.7%. In the second quarter, uchumi wa Kenya ulikuwa by 10.1%. Kwa hivyo average in the first half of the year inakuwa 5.4%. Officially Kenya is no longer in recession due to two consequtive quarters of growth.

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Economy rebounds 10.1pc in quarter two​

Treasury Secretary Ukur Yatani. FILE PHOTO | NMG

By CONSTANT MUNDA

SUMMARY​

• The data showed that recovery in the second quarter was largely supported by the resumption of learning activities which surged 67.6 percent year-on-year followed by ICT sector at 25.2 percent.
• Other sectors with significant jumps in inactivity were services (20.2 percent) and manufacturing (9.6 percent).

Kenya’s economy expanded 10.1 percent in the second quarter of the year on the back of a rebound in economic activity compared with a similar period last year when tough Covid-19 containment measures led to a 4.7 percent contraction.

Data from the Kenya National Bureau of Statistics (KNBS) showed the growth in the April-June period was faster that first quarter when Gross Domestic Product (GDP) slowed to 0.7 percent compared with 4.4 percent in corresponding period in 2020.

“The growth recorded was mainly as a result of easing Covid-19 containment measures that facilitated gradual resumption of economic activities,” said Treasury Secretary Ukur Yatani.

The data showed that recovery in the second quarter was largely supported by the resumption of learning activities which surged 67.6 percent year-on-year followed by ICT sector at 25.2 percent.

Other sectors with significant jumps in inactivity were services (20.2 percent) and manufacturing (9.6 percent).

 

[Don YF]

Only our stupid politics ndio might slow down this growth.

 

[Tony254]

Only our stupid politics ndio might slow down this growth.

True. I hope it doesn't but it can happen.

 

[MK254]

Itabidi malazy wakue kwa asilimia 10.8% ndio iendane na huu ukuaji wetu wa 5.4%