Kenya’s rate of inflation has risen to 8.5 per cent (from 8.3per cent last month) driven up by higher food prices.
This is the third month in a row that the rate of inflation is outside the government’s targeted band of 2.5 per cent -7.5 per cent.
The monthly inflation rate for August 2022 was 0.4 per cent.
According to the Kenya National Bureau of Statistics statement, the rise in annual inflation was mainly due to an increase in the prices of commodities under the following…
