Kenya: Inflation comes in at highest level since August 2017 in June
Consumer prices rose a seasonally-adjusted 0.89% in June over the previous month, picking up from May’s 0.78% rise. The result was driven by rising prices for housing, utilities and fuel. Additionally, prices for food and transport also increased at brisker paces.
Inflation increased to 7.9% in June, following May’s 7.1%. June’s figure marked the highest inflation rate since August 2017. Consequently, the trend pointed up mildly, with annual average inflation coming in at 6.3% in June (May: 6.2%).