Kenya's Economy Shows Largest Growth in Eight Years in 2018
- Kyel Governor
- May 21, 2019
- 1 min read
KASI CCI slightly up by 2 points
Down 2 points, consumer confidence in current economic conditions continues to fall
Economic expectations rebounds after falling 8 points last month
Individual index scores improved in all countries except for Ivory Coast and Gh
ana. Ghana’s CCI experienced another sharp decline, dropping to a new historic low of -37. Despite Ghana’s poor CCI performance, the overall CCI went up from 0 in March to +2 in April.
Source: KASI Insight
Forthcoming consumer data releases:
June 15th
Kyel Governor, Junior economist, KASI Insight
info@kasiinsight.com
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The KASI Consumer Confidence Score (KASI CCI) is a composite index compiled from a seven-questions survey that runs monthly via our consumer polls in the countries covered. The data output is based on fresh, randomly selected representative sample of city dwellers aged 18-64.
Released the first week of every month, the KASI Consumer Confidence Index (KASI CCI) provides a focused view on consumer perceptions in seven African urban centers (Ghana, Nigeria, Kenya, South Africa, Cameroon, Ivory Coast, Tanzania) where most spending in the continent is concentrated. The survey provides a simple measure of consumers’ optimism about their economic prospects in the near term and attitude towards making major purchasing decisions.
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