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Inflation hits 16-month high on costly food, fuel
When it comes to the food that lands on our plates, we often overlook two critical facets: its origin and the reasons behind its price. FILE PHOTO | NMG
Kenya’s inflation rose to a 16-month high in June largely on the back of increased cost of basic foodstuffs and fuel, the Kenya National Bureau of Statistics (KNBS) report shows.
Inflation — a measure of changes in the cost of living year-on-year — climbed to 6.32 percent from 5.87 percent in May, signalling a painful cost pinch on the budgets for households and businesses amid Covid-19 knocks on earnings.
