Kenya's inflation eased in September, recording its slowest pace in 12 years

Kenya's inflation rate fell to 3.6% in September, its lowest level since December 2012, down from 4.4% in August.

The decline is attributed to weaker growth in food and energy prices, with food prices rising just 5.1% year-on-year. This marks a continued drop from the country's inflation high of 9.2% in 2023.

Despite June's anti-tax protests, Kenya had been recording economic gains earlier in 2024, with inflation falling to 5.0% in May and the Kenyan shilling performing well until protests in July disrupted economic activities.

Read full article