Kenya Inflation At 8.5% Year-On-Year In August

The Kenya National Bureau of Statistics says Kenya’s consumer inflation rose to 8.5% year-on-year in August from 8.3% a month earlier, driven by increases in the price of food, transport and energy. <br />The August figure was the highest rate of inflation seen in Kenya since June 2017, when it was at 9.2%. <br />Kenyan inflation has accelerated in recent months, from just above 5% at the start of 2022, mainly due to the knock-on effects of increases in the international prices of crude oil.