NAIROBI (Xinhua) --
Kenya’s economy expanded by 6.3 percent in the second quarter of
2018 compared to 4.7 percent during a similar quarter in 2017,
the statistics agency said on Friday.
Director General of Kenya National Bureau of Statistics (KNBS),
said that the growth was against a backdrop of a fairly stable
macroeconomic environment and favorable weather conditions.
“During the review
period, the country experienced heavy rains that impacted
positively on most of the agricultural and generation of
hydroelectricity activities,” Mwangi said in a statement
released in Nairobi.
He said that an
analysis by sector showed that activities of agriculture and
electricity and water supply recorded significant improvements
to grow by 5.6 percent and 8.6 percent compared to growths of
0.8 percent and six percent, respectively during the second
quarter of 2017.
According to KNBS,
the accommodation and food service and information and
communication recorded the highest growths of 15.7 percent and
12.6 percent, respectively in the second quarter.
“On the other hand,
activities of the mining and quarrying and construction recorded
the most notable deceleration in growths during the review
period,” he added.
bureau said that the second quarter was characterized by
favorable weather conditions that were well spread across the
country and a result, agricultural production improved
significantly compared to the same quarter of 2017.
Mwangi said that the
agriculture, forestry and fishing sector expanded due to
substantial increases in output of growing of crops and animal
production was also reflected in notable declines in the prices
of key food crops during the quarter in review compared to
prices recorded in the same quarter of 2017,” he revealed.
KNBS said that the
agricultural sector’s performance was also buoyed by notable
growths in production of key crops that benefited from
sufficient rains experienced during the quarter.
volume of tea produced grew by 18.4 percent in the quarter
compared to a marginal growth of one percent realized in the
same quarter of 2017.
volume of coffee produced rallied from a significant decline in
2017 to grow by 44.1 percent during the quarter in review,” he
According to the
statistics body, the horticultural sector showed mixed
performance during the period under review given the volume of
exports of fruits increased by 30 percent, while that of
vegetables and cut-flowers decreased by 17.8 and 14.7 percent,
“The value of
horticultural crop exports grew from 287 million U.S. dollars in
the second quarter of 2017 to 371 million dollars in the review
quarter,” he added.
Mwangi said that the
manufacturing sector recovered from a contraction of 0.2 percent
recorded in the second quarter of 2017 to expand by 3.1 percent
in the quarter under review.
“The improvement in
the sector was partly attributable to agro-processing activities
that benefited substantially from increased agricultural
production during the period under review,” he added.
He noted that the
performance of the construction sector was relatively slower in
the quarter under review compared to the same quarter of 2017 as
the sector grew by 6.1 percent in the quarter under review
compared to 9.5 percent growth registered in the second quarter
growth, even though slower than the corresponding quarter of
2017, was supported by the construction of the second phase of
the Standard Gauge Railway (SGR),” he revealed.