Kenya: Selected Issues and Statistical Appendix
International Monetary Fund
No 2002/084, IMF Staff Country Reports from International Monetary Fund
Abstract:
This Selected Issues paper and Statistical Appendix addresses the question of how to interpret recent developments in the Kenyan consumer price index (CPI) properly to assess the current inflation pressure and extract signals about possible future CPI inflation trends. The paper discusses why Kenya’s exports have performed poorly over the past five years in spite of a more liberalized trade and exchange rate regime. The analysis shows that Kenya faces both price and nonprice constraints on export performance.
Keywords: ISCR; CR; Kenya; inflation rate; CPI; price; bank; interest rate risk; price constraint; refinancing risk; Transparency International-Kenya; core inflation measure; trade regime; Exports; Imports; Inflation; Corruption; Tariffs; Western Europe; Middle East; Africa; Eastern Europe; Asia and Pacific (search for similar items in EconPapers)
Pages: 159
Date: 2002-04-19
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