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Business & Finance

Kenya’s Inflation Slows in June on Easing Food and Energy Prices

Kenya’s Inflation Slows in June on Easing Food and Energy Prices
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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. [Image text:] ALUMINIUM FOIL sodexo IT'SCOOL THTHE
Kenya (LOCATION) Easing Food and Energy Prices (ORG) Kenya National Bureau of Statistics (ORG) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →