Kenya’s economy grew by 6.2 percent in the second quarter from 5.9 percent at the same time in 2015, the government has announced. The growth was mainly due to growth in agriculture, transport, forestry, fishing even as tourism jumped by 15 percent.
Manufacturing experienced the slowest growth at 3.2 per cent during the review quarter while accommodation and food services continued with the recovery that started in the fourth quarter of 2015 to expand by 15.3 per cent over the same period.
Mining and quarrying; electricity and water supply; and information and communication sectors recorded notable improvements in their growths during the review quarter. Activities of the construction and financial and insurance sectors slowed down but maintained robust growths during the review period.
Measured against the same quarter of 2015, the current account deficit recorded an improvement of 6.1 per cent to stand at KSh 141.9 billion in the quarter under review.