Inflation & Prices
Kenya Inflation Unexpectedly Quickens on Soaring Fuel Prices
- Higher fuel costs pushed up transport, electricity prices
- Consumer prices rose 6.9% in September; median est. was 6.7%
This article is for subscribers only.
Kenyan inflation unexpectedly quickened to a three-month high in October, owing to higher energy prices.
Consumer prices rose an annual 6.9% in the month from 6.8% in September, the Nairobi-based Kenya National Bureau of Statistics said Tuesday in an emailed statement. The median estimate of seven economists in a Bloomberg survey was 6.7%.