Consumer prices harden for the fourth straight month
The cost of living in Kenya rose to 7.32 per cent in November from 6.72 per cent in October driven by higher food prices sustaining a four month run that started in August, new inflation numbers show.
The prices of food and non-alcoholic drinks rallied to outweigh a decrease in the prices of cooking gas, electricity and housing.
Heavy rains in most parts of the country are also hampering transportation of food even as crops face destruction in the farms.
The rising cost of living comes at a time when the cost of loans is high meaning interest rates may stay elevated for a longer period.