Kenya inflation rises to 6.8% year over year in September
![Kenya inflation rises to 6.8% year over year in September Kenya inflation rises to 6.8% year over year in September](https://citizentv.obs.af-south-1.myhuaweicloud.com/108890/conversions/Shoping-og_image.webp)
An employe restocks the dairy products section at a supermarket in Nairobi, Kenya May 8, 2017. Picture taken May 8, 2017. REUTERS/Baz Ratner/File Photo
Inflation was 6.8% year on year in September from 6.7% a month earlier, while on a monthly basis inflation was 1% from -0.1% a month earlier, the Kenya National Bureau of Statistics said in a statement.
In mid-September, the country's Energy and Petroleum Regulatory Authority said the prices of petrol, diesel and kerosene would rise.
Fuel prices have a big effect on inflation in the east African nation which depends heavily on diesel for transport, power generation and agriculture, while kerosene is used in many households for cooking and lighting.
Kenya's government has a preferred inflation band of 2.5%-7.5% in the medium term.
Want to send us a story? SMS to 25170 or WhatsApp 0743570000 or Submit on Citizen Digital or email wananchi@royalmedia.co.ke
Comments
No comments yet.
Leave a Comment