Kenya’s GDP grows 4.7pc in Q3
25 December 2012, 10:51
Nairobi - Capital News reports that Kenya’s economy expanded by 4.7 percent in the third quarter of 2012 compared 4.0 percent growth recorded in the same quarter of 2011.
The expansion was more robust in comparison to the preceding quarters of 2012 primarily due to strong performances of the Agriculture and forestry, Fishing, Manufacturing, Transport and communication and a turnaround in the performance of the Electricity industry.
While releasing the results on Monday, the Kenya Bureau of Statistics noted that Construction, Hotels and restaurants, and Mining and quarrying experienced decelerated growths over the same period.
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