World Economy

Kenya Growth Slows to 5.7%

Kenya Growth Slows to 5.7%Kenya Growth Slows to 5.7%

Kenyan growth eased in the third quarter of 2016 due to a slowdown in most sectors, especially agriculture, the statistics body said, AllAfrica reported. The Kenya National Bureau of Statistics said the economy expanded by 5.7% year-on-year in the third quarter compared with 6% in the same period in 2015. Agriculture, forestry and fishing grew 3.9% versus 5.5% in the year-ago period, though accommodation and food services–which includes tourism–rose 13.8% compared with a contraction of 6.5%. “Generally, the economic growth was well spread although most of the sectors of the economy recorded slowed growth,” KNBS said.


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