The rate was 8.5 per cent in August, above the central bank’s target range of 2.5 per cent-7.5 per cent.
Search Results: Kenya Inflation (451)
Since June 2022, Kenya’s headline inflation has trended above the 7.50% upper band statutory target owing to
elevated food and fuel costs. The inflation hit 8.5% in August from 8.3% in July.
This is the third month the inflation rate is outside the government’s targeted band of 2.5% to 7.5%.
The statistics agency said that Kenya’s consumer inflation rose to 7.9 per cent year over year in June, the most…
The MPC has maintained the Central Bank Rate (CBR) at 7.00 per cent for the thirteenth consecutive time.
Kenya’s minimum wage will be 12 percent higher in 2022, President Uhuru Kenyatta said, from the current Ksh 13,500. The…

