September 1, 2017 / 1:58 PM / 3 months ago

Graphic - Kenya's economy as new election called

LONDON (Reuters) - Kenya’s Supreme Court on Friday declared President Uhuru Kenyatta’s election win invalid due to irregularities committed by the election board and ordered a new vote in 60 days.

Supporters of an opposition leader Raila Odinga celebrate in Mathare slum after President Uhuru Kenyatta's election win was declared invalid by a court in Nairobi, Kenya, September 1, 2017. REUTERS/Siegfried Modola

Here is the state-of-play of Kenya’s economy over the past five years:

GROWTH

The economy recovered in the first quarter from a 2016 slowdown. The International Monetary Fund predicts it will grow at 5.3 percent for 2017.

JOBS

Unemployment eased slightly at last count but remains above 10 percent. For youth, it is more than double that at 22 percent.

 

INFLATION

Inflation has touched five-year highs this year, mainly due to high food prices amid a regional drought. It has calmed somewhat but is still above 8 percent.

This has meant that the central bank has stayed put for a year after tentatively starting easing earlier in 2016.

 

SHILLING

The shilling currency has been relatively stable for the past two years after weakening significantly against the dollar in 2014-15.

 

Graphics and reporting by Jeremy Gaunt; Editing by Hugh Lawson

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