AMI 1 June 2022: Kenya’s inflation edges higher
Africa Markets Podcast
English - June 01, 2022 08:00 - 1 minute - 1.36 MBNews Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: AMI 31 May 2022: CBK raises interest rates by 50bp
Next Episode: AMI 2 June 2022: Pump prices see further increases
Kenya: Inflation has passed the 7% mark in Kenya, coming in at 7.1%y/y as food and fuel inflation continues to drive average prices higher. This is the highest print since February 2020. Cooking oil and wheat prices continue to increase in Kenya and will likely keep food inflation elevated for longer- currently food and non-alcoholic beverages is growing by 12.4%y/y.
See omnystudio.com/listener for privacy information.