Macroeconomic Forecast Kenya

September 2008 | Macroeconomic Forecasts

BMI View: The outlook for real GDP growth over Q408 is clouded by the ailing manufacturing sector. The industry comprises around 10% of the economy, and we expect the possible contraction of the sector (owing to spiralling electricity costs) to be reflected in the overall growth figure for the final quarter of the year. In addition, risks are to the downside for merchandise exports in 2008 (forecast to be

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