Kenya’s inflation jumped to 6.9% in January, reversing a two-month decline.
The rise has been attributed to increases in food, energy, and transport costs, which accounted for over half of household spending.
“Food and Non-Alcoholic Beverages Index rose by 0.4 per cent between December 2023 and January 2024. The rise in food inflation is mainly attributed to the increase in prices of some food items, which outweighed the decrease in prices of other foodstuffs,” KNBS said in a statement issued Wednesday.
Consequently, a weakening shilling has made consumers face new cost pressures from imported goods and education.
