Economic news
Kenya inflation slows slightly to 6.6% year on year in December
2023.12.29 03:49
© Reuters. FILE PHOTO: A customer stands in front of the bread section at a supermarket in Nairobi, Kenya May 8, 2017. Picture taken May 8, 2017. REUTERS/Baz Ratner
NAIROBI (Reuters) – Kenya’s inflation slowed slightly to 6.6% year on year in December, down from 6.8% in November, the statistics office said on Friday.
On a month-on-month basis inflation was 0.4%, compared to 0.2% in November, the Kenya National Bureau of Statistics (KNBS) said in a report.
Transport, housing and utilities, and food were major contributors to the East African nation’s year-on-year inflation, the KNBS said.