inflation

Kenya Inflation

Kenya’s Inflation Slows to a Six Month Low of 5.8% in November

Kenyan inflation slowed for the second consecutive month in November, reaching a six-month low as food price growth decelerated. Kenya’s annual inflation rate rose to 5.8% in November, compared to 6.45% recorded in October, Nairobi-based Kenya National Bureau of Statistics said Tuesday in a statement. The median of five economists’ estimates in a survey was …

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Dollar Strengthens as CPI Data Surged by 5.4%- Biggest Monthly Gain in 12 Years

The dollar gained strength as Inflation surged after the release of the consumer price index report that increased by 5.4%, which was higher than the expected 4.9%, the biggest monthly gain since August 2008. Inflation rose to 4.5% after the CPI report revealed that trucks and cars which make up a third of the total …

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MSMEs

Kenya’s Inflation Rate Edges Higher to 5.87% in May Backed by Higher Fuel and Food Prices

The cost of living increased slightly in May to highs seen in March on account of the increase in fuel costs which consecutively increased food and transport cost The overall rate of inflation in May was 5.87 per cent, compared to the 5.76 per cent recorded in April. A monthly report from the Kenya National Bureau …

Kenya’s Inflation Rate Edges Higher to 5.87% in May Backed by Higher Fuel and Food Prices Read More »