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Kenya’s Annual Inflation Rises for Fourth Consecutive Month to 3.5%

Kehinde Giwa by Kehinde Giwa
February 28, 2025
in Business
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Kenya’s Annual Inflation Rises for Fourth Consecutive Month to 3.5%
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Kenya’s annual consumer inflation rate increased for the fourth month in a row to 3.5% in February, up from 3.3% in January, according to the Kenya National Bureau of Statistics.

Core inflation remained steady at 2.0%, while non-core inflation rose to 8.2% from 7.1% in January.

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The increase comes despite the central bank’s efforts to support lending and boost economic growth by cutting interest rates.

Details later….

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