Inflation slows for the first time in 9 months amid CBK rate hikes

Patrick Njoroge

Central Bank of Kenya (CBK) Governor Patrick Njoroge. PHOTO | DIANA NGILA | NMG

Inflation has slowed down for the first time in nine months on the back of a drop in food and fuel prices and rate hikes to contain the cost of living measure.

Consumer prices fell to an annual 9.5 per cent in November from 9.6 per cent the month before as elevated inflation squeezed household budgets and demand for goods and services.

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