Kenya’s inflation rate increased to 3.5% year-on-year in February from 3.3% in January, according to the statistics office. This uptick indicates persistent economic pressures impacting the cost of living in the country.

In February, Kenya’s consumer inflation experienced an increase to 3.5% year-on-year, up from the previous month’s rate of 3.3%, as reported by the National Bureau of Statistics. This slight rise reflects ongoing pressures in various sectors within the economy and the cost of living. The statistics emphasize the continued economic challenges that Kenya faces amidst global inflationary trends.

In summary, Kenya’s consumer inflation rate rose to 3.5% in February, indicating a slight uptick from January’s 3.3%. This change highlights ongoing economic pressures within the country, which are consistent with broader global inflation trends. Monitoring such economic indicators is crucial for future policy decisions.

Original Source: www.marketscreener.com