Kenya’s central bank highlights growth rebound in 2021

Inflation has fallen to 6.5% following government stabilisation efforts to stem fuel prices

DO NOT USE central-bank-of-kenya-night

The Central Bank of Kenya left interest rates on hold at 7% this month, citing strong growth and lower inflation.

In a statement published on November 29 following the CBK’s monetary policy meeting, governor Patrick Njoroge said recent data showed the economy had rebounded “strongly” in 2021 as a result of relaxed restrictions. 

“Real GDP grew by 10.1% in the second quarter of 2021 compared to a contraction of 4.7% in the second quarter of 2020,” he said, noting Kenya’s recovery was likely to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account