Kenya: Inflation falls to 17-month low in September
Consumer prices fell 0.11% over the previous month in September, following a 0.90% month-on-month plunge in August. Notably, lower prices for food and alcoholic beverages drove the monthly fall.
Inflation slid to 3.83% in September, the lowest print since April 2018 (August: 5.00%), thus moving below the mid-point of the Central Bank’s 2.5%–7.5% target range. Lastly, annual average inflation inched down to 5.2% in September from 5.4% in July.