Kenya: Inflation inches up in March
Consumer prices rose a seasonally-adjusted 0.40% over the previous month in March, below the 0.70% increase recorded in February. March’s result marked the softest rise in prices since September 2020. The result was largely due to higher prices for food and non-alcoholic beverages, as well as for housing, water, electricity, gas and other fuels, and transport.
Inflation came in at 5.9% in March, which was up from February’s 5.8%. Meanwhile, the trend was unchanged, with annual average inflation coming in at February’s 5.2% in March.