Kenya: Inflation falls to six-month low in March
March 31, 2016
In March, consumer prices rose 0.76% over the previous month, contrasting the 0.42% decrease observed in February. March’s rise mainly reflects higher prices for food and non-alcoholic beverages.
Inflation fell for a third month in a row, dropping from 6.8% in February to 6.5% in March, which represented the lowest value in six months. As a result, inflation remained within the Central Bank’s inflation target range of 2.5 percentage points around its 5.0% target. Annual average inflation in March rested at February’s 6.9%.