Kenya’s inflation rises to 9.2% yr/yr in February as food prices rise

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Inflation Kenya <KECPI> It went up to 9.2% in February from 9.0% the month before, the statistics bureau said on Tuesday. This was mostly because food and transportation costs went up.

The rate of inflation went up in February after going down for three months in a row. grew to 9.6% in October, which was the highest since May 2017. The rate for February is still above the range that the government prefers, which is between 2.5% and 7.5%.
The price level went up by 0.
Kenya’s national statistics office said in a statement that it was 6%, up from 0.2% in January.

The central bank kept interest rates at 8.75% in January, saying that the rate increase in November was still good for the economy.

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