Low food prices see Kenya’s inflation ease for first time in nine months

Inflation in Kenya eased to an a nine-month low in November to 9.5 percent from 9.6 percent in October.

The pressure was eased due to easing food prices arising from seasonal factors and declining of international food prices.

Food inflation declined to 15.4 percent from 15.8 percent in October.

Fuel inflation increased to 13.8 percent from 11.7 percent in October, while Non-food-non-fuel (NFNF) inflation increased to 4.2 percent from 3.8 percent in October.

The Central Bank of Kenya (CBK) effected its third interest rate hike for the year, setting the Central Bank Rate (CBR) at 8.75 percent with a view of anchoring inflation expectations.

Lawrence Baraza

Lawrence Baraza is a prolific writer with competencies in Digital Media, Print, and Broadcast. Baraza is also a Communication Practitioner currently spearheading Digital content on Metropol TV's Digital Desk.

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