The weakness we had seen in the June quarter turned out to be a ‘false signal’. In financial markets, bond yields rose sharply, share prices continued to rise, and various prices connected with international trade, such as commodity prices and transport prices, also rose. Talk of deflation ceased and the short-lived bout of monetary easing stopped.
Let me take this opportunity to thank FSD Kenya again for sponsoring this study and hosting this breakfast event and also acknowledge Digital Divide Data Kenya and Bankable Frontier Associates for their commendable job in executing the research and preparing the report that we are witnessing today. With these few remarks, Ladies and Gentlemen, I welcome you to this breakfast event. Thank you.