Economy

Kenya’s inflation up in four months to 9.2%

The high cost of basic household commodities pushed Kenya’s inflation to 9.2 percent, according to the latest report by the Kenya National Bureau of Statistics (KNBS).

The rate edged up in four months since October last year when KNBS placed it at 9.0 percent.

“Prices of most vegetables increased in February 2023 relative to January 2023. The prices of cabbages and carrots each increased by 11.3 percent [while]…kale-sukuma wiki and tomatoes increased by 11.0 percent and 7.8 percent, respectively,” KNBS managing director Macdonald Obudho wrote in a statement.

Transportation costs remained unchanged on a month-to-month basis. This is primed on unchanged fuel prices – diesel and Petrol.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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