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Workers’ pain as fuel prices push inflation to 28-month high
Public Service Vehicles (PSVs) parked along Kenneth Matiba Road on Wednesday, May 20, 2026, after normal transport operations resumed in Nairobi following the matatu strike that had disrupted movement and business activities across the capital and other major towns.
Kenya's inflation accelerated for the second month running in May, hitting its highest in more than two years, largely due to fuel price increases linked to the Iran war and further eroding workers’ disposable income.
Inflation surged to 6.7 percent in May from 5.6 percent in April, the Kenya National Bureau of Statistics (KNBS) said on Friday. The rate was the highest since January 2024, when it stood at 6.9 percent.