Kenya: Inflation declines to lowest level since September 2019 in July
August 3, 2020
Consumer prices increased a seasonally-adjusted 0.08% over the last month in July, rebounding from June's 0.31% drop, amid improving demand conditions and rising oil prices.
Inflation came in at 4.4% in July, easing from June’s 4.6% result. July's reading represented the weakest inflation rate since September 2019. In addition, the trend pointed down, with annual average inflation coming in at 4.8% in July (June: 5.4%).