KSH: inflation was 1.8 percent in May
The inflation was 1.8 percent in May which is lower than the expectations of the analysts. Compared to the previous month, consumer prices fell by 0.1 percent – the Central Statistics Office (KSH) reported on Tuesday.
In May, the price of fuel decreased by 3.4 percent, while the price of food products and seasonally priced products increased by 0.6 percent due to the 7.2 percent price increase of fresh vegetables like fruits and potatoes. (MTI)
Related news
More related news >
Related news
Quick commerce booms in India as consumers seek faster deliveries
The demand is particularly high amongst younger consumers. Quick commerce…
Read more >REWE Group Revamps Digital Loyalty Programmes
REWE Group has announced a new format for its digital…
Read more >Lactalis to close factory in Zambia
The dairy group has cited “market dynamics”, according to a…
Read more >