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MACROECONOMIC HIGHLIGHTS Inflation Evolution (%) Inflation rate 7.5 Kenya 4.70 4.35 4.14 3.51 Target Upper Target Lower Non Food Fuel 6.58 6.27 5.82 5.70 5.49 5.56 5.00 4.95 3.83 2.65 2.5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 Interest Rates Evolution (%) 12.50 12.51 12.47 12.39 12.47 12.38 9.0 9.0 8.5 7.19 7.02 7.08 7.41 7.17 7.17 6.90 6.62 6.65 6.56 6.60 6.65 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 2019 Sources: Central Bank of Kenya Kenya National Bureau of Statistics 91 day bill Average Lending Rate CBR KCB 13

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