Kenya’s annual inflation rate slowed in June for the first time in four months, offering a measure of relief to households after months of rising living costs driven by food and transport prices.
Data released on Tuesday by the Kenya National Bureau of Statistics showed consumer prices rose 6.4 percent in the 12 months to June, down from 6.7 per cent in May. The figure was also below the 7 percent forecast by economists surveyed by Bloomberg.
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The slowdown reflects softer increases in the cost of food and transport, two of the biggest drivers of household spending. Food and non-alcoholic beverages inflation eased to 8.6 percent from 9.4 percent in May, while transport inflation slowed slightly to 16.1 percent from 16.5 percent.
On a monthly basis, consumer prices increased by 0.3 percent in June, a sharp moderation from the 1.6
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