Kenya's inflation falls in March
© Reuters. FILE PHOTO: A customer stands in front of the bread section at a supermarket in Nairobi, Kenya May 8, 2017. Picture taken May 8, 2017. REUTERS/Baz Ratner/File PhotoNAIROBI - Kenya's inflation fell in March compared with a month earlier, driven by falling prices of some food items and transport costs, the statistics office said on Friday.
Inflation dropped to 5.7% year-on-year in March from 6.3% in February, the Kenya National Bureau of Statistics said in a statement.The government has a preferred range for inflation of between 2.5% and 7.5% in the medium term. The central bank is due to announce its latest lending rate decision on April 3. In February, the bank raised its benchmark rate to 13.0% from 12.5% previously.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Yes, March is a popular month for vasectomies so men can recover while watching March MadnessMost men get vasectomies before the March Madness NCAA basketball tournament. That is so they can recover while watching college hoops.
Read more »
March Madness Round of 32 Saturday picks: NCAA Tournament odds, preview, and predictions for March 23Who will win the EchoPark Automotive Grand Prix at COTA’s 3.41-mile road course? Here are the drivers to watch.
Read more »
PHOTOS: Denver March Powwow 2024The Denver March Powwow took place March 15-17 at the Denver Coliseum.
Read more »
Today in Sports - Week Ahead, March 22Today in Sports - Week Ahead, March 22 - March 28, Take 2
Read more »
Today in Sports - Week Ahead, March 22Today in Sports - Week Ahead, March 22 - March 28, 2 Takes
Read more »
Best March Madness Props Today: Love Goes Wild for ArizonaBest March Madness player props for March 21. College basketball prop projections, odds, and best March Madness picks for points props, and more!
Read more »