Rising fuel and food prices pushed inflation to a two-year high.
By
Patrick Alushula
Business Reporter
Nation Media Group
Kenya's inflation accelerated for the second month running in May, hitting its highest in more than two years, largely due to fuel price increases linked to the Iran war and further eroding workers’ disposable income.
Rising fuel prices push inflation in East Africa’s biggest economy to 2-year high - Businessday NG
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The rise in Kenya’s inflation contrasts with trends in some other African economies. In Zambia, annual inflation slowed to 6.6…
Transport is the key inflation driver, recording 9.2 percent in April, from 4 percent the previous month.
Epra started adjusting fuel prices upward from mid-April after increased shipping and importation costs linked to the Gulf…
South Africa’s inflation climbed to a 20-month high in April as the Iran conflict pushed fuel and transport costs sharply higher…
Rising fuel prices in Kenya have triggered a sharp increase in the cost of basic commodities, with traders reporting higher…
Inflation rose for the second consecutive month as the Iran war drove up gas prices.
