Kenya Inflation Rate Accelerates Slightly in June


Kenyan annual inflation rate edged up slightly to 7.39 percent in June of 2014 from 7.3 percent in the previous month.

The inflation rate accelerated for the third straight month to the highest rate since October last year.

On a monthly basis, consumer prices increased 0.14 percent in June, following a 1.25 percent rise in May. Food prices slowed to 0.26 percent while cost of housing, water, electricity, gas and other fuels went up 0.70 percent. 

The government targets inflation in the medium-run at 5 percent, plus or minus 2.5 percent.

Kenya Inflation Rate Accelerates Slightly in June


Kenya National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
6/30/2014 2:24:30 PM