Food, fuel costs push inflation to new high

food market prices


Business Daily | by Constant Munda


Kenya’s inflation rose to an 11-month high in March on the back of increased cost of transportation, fuel and basic foodstuffs, the Kenya National Bureau of Statistics (KNBS) said Wednesday.

Inflation — a measure of changes in the cost of living year-on-year — increased 5.90 per cent from 5.78 per cent a month earlier, signalling a painful cost pinch on homes and businesses already battling debilitating Covid-19 pandemic knocks on earnings.

This the highest growth since 6.01 per cent in April 2020…

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