Kenya’s inflation falls by 5.0% in August

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Kenya’s National Bureau of Statistics says the country’s inflation fell to 5.0% year-on-year in August from 6.27% a month earlier, due to falling food prices, the statistics office said on Friday.

On a monthly basis, inflation was -0.90% from -0.36% in July, with the Food and Non-Alcoholic Drinks Index falling 1.89% compared with July, the Bureau of Statistics added.

Peace PIAK