Business & Finance
Kenya’s Inflation Slows in June on Easing Food and Energy Prices
Key Points
Kenya’s Inflation Slows in June on Easing Food and Energy Prices Kenya’s inflation rate eased in June for the first time since February, helped by milder increases in food and transport costs. Consumer prices rose 6.4% at an annual rate from 6.7% in May, Kenya National Bureau of Statistics said in a statement on Tuesday. The median estimate of four economists surveyed by Bloomberg was 7%.
Kenya’s Inflation Slows in June on Easing Food and Energy Prices
Kenya’s inflation rate eased in June for the first time since February, helped by milder increases in food and transport costs.
Consumer prices rose 6.4% at an annual rate from 6.7% in May, Kenya National Bureau of Statistics said in a statement on Tuesday. The median estimate of four economists surveyed by Bloomberg was 7%. Prices rose 0.2% in the month.
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