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August inflation eases, offering Kenya’s economy much-needed kick

NAIROBI: The cost of living dropped in August despite a significant rise in fuel prices mid last month, the latest government data has shown.

 

The Kenya National Bureau of Statistics (KNBS) says overall inflation rate slowed down to 5.84 per cent in August, down from 6.62 per cent a month earlier. This now becomes the lowest inflation since February. The lowest inflation this year was recorded in January where the cost of living stood at 5.61 per cent.

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