Kenya’s Inflation Plummets to 4-Year Low Amidst Surging Commodity Prices
Customers browse a neighborhood storePhoto: JACKTONE LAWIIn June, Kenya's yearly inflation tumbled to a four-year low despite the rising costs of transport, housing, certain food items, and utilities, according to the latest data from the Kenya National Bureau of Statistics.Consumer prices in June increased by 4.6% year-on-year, down from 5.1% in May, marking the lowest rate since September 2020.KNBS data revealed that these indexing increments didn't sway the overall inflation rate, offering some relief to consumers…