Kenya inflation rises

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Published Apr 28, 2017

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Nairobi - Kenya's year-on-year inflation

rose to 11.48 percent in April from 10.28 percent

last month, on the back of higher prices of food, the statistics

office said on Friday.

The rate first rose outside of the government's preferred

band of 2.5 - 7.5 percent in February, after food prices surged

due to a drought, which left about 2.7 million people in need of

food aid.April's rate of inflation is the highest since May 2012.

Month-on-month inflation increased to 1.79 percent from 1.67

percent last month. Policymakers held the benchmark lending rate

at 10.0 percent last month saying they expected inflation to

fall in line soon.

Prices of vegetables, maize flour and maize grains rose

during the month, the statistics office said. 

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REUTERS 

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