Kenya Growth Falls Short of Forecast Due to Weak Tourism and Manufacturing

Kenya’s economic performance in the first quarter came in slightly below expectations, primarily due to underperformance in the tourism and manufacturing sectors. According to the Kenya National Bureau of Statistics, gross domestic product expanded by 4.9% in the three months ending March compared to the same period last year, down from 5.1% in the previous quarter. This result was below the central bank’s forecast of 5%.

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