Kenya's Q2 2024 economy grew 4.6%, down from 5.6% in 2023, driven by agriculture, real estate, and financial services.

Kenya's economy grew by 4.6% in Q2 2024, down from 5.6% in the same period in 2023, as reported by the Kenya National Bureau of Statistics. Growth was driven by agriculture, real estate, and financial services, despite contractions in mining and construction. Inflation decreased to 4.87%. The National Treasury anticipates growth of 5.2% in 2024 and 5.4% in 2025, bolstered by improved agricultural productivity and a robust services sector.

October 02, 2024
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