Kenya Business Forecast Report Q4 2012 - New Market Report Now Available
Core Views: We believe that Kenyan economic activity will pick up over the course of 2012 as inflation falls and monetary policy is eased. We are forecasting full-year real GDP growth of 4.9%, up from an estimated 4.1% in 2011. Furthermore, we believe growth will accelerate further to 6.0% in 2013 as sentiment improves following the conclusion of elections early in the year. We maintain our view that monetary easing will begin around the middle of the year. We forecast...
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