Kenya Inflation Slows as Food-Price Growth Cools
- Consumer prices rose 4.2% in September from a year earlier
- Food prices rose 5.2% from year ago, transport costs up 13%
Customers browse fresh produce on sale at Toi market in Nairobi, Kenya.
Photographer: Patrick Meinhardt/BloombergThis article is for subscribers only.
Kenyan inflation slowed to the lowest level in a year in September as food-price growth cooled further.
The annual inflation rate dropped to 4.2% from 4.4% in August, the Kenya National Bureau of Statistics said Wednesday in an emailed statement. The median of three economists’ estimates in a Bloomberg survey was 4.7%. Prices were unchanged in the month.