NAIROBI (Reuters) – Kenya’s inflation fell to 5.0% year-on-year in August from 6.27% a month earlier, helped by falling food prices, the statistics office said on Friday.
On a monthly basis, inflation was -0.90% from -0.36% in July, with the Food and Non-Alcoholic Drinks Index falling 1.89% compared with July, the Kenya National Bureau of Statistics said.
Reporting by George Obulutsa; Editing by Maggie Fick
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.