Kenya October inflation rises to 7.3 percent
Kenyas year-on-year inflation rate rose to 7.3 percent in October from 6.8 percent the previous month. The statistics office reported that higher prices for food, transport, and housing drove the increase to a three-year high.
Kenya's inflation rose to 7.3% year-on-year in October from 6.8% the previous month, driven by faster price increases in food and transport. The reading matches the peak last recorded in July 2023, reaching the upper boundary of the government's medium-term target range of 2.5% to 7.5%. The uptick signals growing cost-of-living pressures for consumers across the East African nation as key household expenditure categories accelerate.
