Tag: Inflation
US inflation jumps as fuel and housing costs rise
Consumer prices in the US rose faster than expected last month, in a sign that the fight to slow inflation has stalled.
Prices rose 3.5%...
Monthly inflation rate cools to 6.3pc in February
Kenya’s inflation rate has declined to 6.3pc in February after rising to 6.9pc in January this year on account of lower prices consumers experienced...
Consumers feel the pinch as January inflation rate rises to 6.9pc
Kenya’s inflation rate has risen by 30 basis points in January to stand at 6.9pc on account of higher transport, food and electricity costs.
Latest...
Economy grows 5.9pc as December inflation cools to 6.6pc
Kenya's economy has registered a 5.9pc growth in the third quarter of the year to September.
The Kenya National Bureau of Statistics (KNBS) says this...
China’s CPI falls 0.2% in October
China's consumer price index (CPI), a main gauge of inflation, fell by 0.2 percent year on year in October, the National Bureau of Statistics...
CBK holds key rate at 10.5pc as food prices remain elevated
The Central Bank of Kenya (CBK) has kept the benchmark rate unchanged at 10.5pc in the hope that harvest season will improve supply to...
CBK unperturbed by VAT hike on fuel, predicts growth above 5pc
The Central Bank of Kenya (CBK) new governor Dr Kamau Thugge projects inflation rate to subside to within medium term target by end of...
Central bank hikes interest rates to 10.5pc
The Central Bank of Kenya has increased the base lending rate by 100 basis points as inflation stayed above medium term target in May.
The...
UK inflation unchanged in May as cost of living remains high
The UK's inflation rate is remaining stubbornly high, with prices for food, dining out and other recreational activities continuing to rise.
Inflation, which measures the...
