Kenyan Inflation Rate May Peak at 22% on Shilling, Standard Chartered Says
By Sarah McGregor -
2011-06-22T06:26:52Z
Kenya’s inflation rate may rise to at least 22 percent “later this year” if the shilling continues to depreciate and food and fuel prices remain high, Razia Khan, head of Africa research at Standard Chartered Bank Plc, said at a briefing in Nairobi, the capital, today.
To contact the reporter on this story: Sarah McGregor in Nairobi at smcgregor5@bloomberg.net
To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net
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