East Africa is staring at a ballooning import bill for petroleum products and a long spell of imported inflation from the Russia-Ukraine war.
The economic outlook for the region has seen inflation rise for Uganda, with the consumer price index inflation expected to peak at 3.8 percent, from 3.5 percent, while in Tanzania annual inflation has eased to 4.0 percent. In Kenya, it is projected at 5.08 percent and in Rwanda 2.0 percent.
