
Kenya’s annual consumer inflation rose for the fourth month in a row to 3.5% in February from 3.3% in January, the statistics office said on Friday.
Core inflation remained at 2.0% in February, unchanged from January, while non-core inflation rose to 8.2% in February from 7.1% the previous month, the Kenya National Bureau of Statistics said in a statement.
The Central Bank of Kenya (CBK) cut its main interest rate for the fourth meeting in a row to 10.75% on February 5, saying it wanted to do more to support lending and boost economic growth.
The central bank said inflation was expected to remain below the midpoint of the 2.5%-7.5% target range in the near term.
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