Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
Kenyans are bracing for tougher economic times ahead as commodity prices continue to rise, amid political jitters occasioned by election campaigns.
The latest report by the Kenya National Bureau of Statistics (KNBS) shows that in December 2021, the average inflation rate was 5.73 percent, resulting mainly from the rise in the prices of food and non-alcoholic beverages, transport, housing, water, electricity, gas and other fuels. The rise is consistent with past elections in 2017 and 2013 where the inflation rates peaked during the election year ahead of polls. Kenya is scheduled to hold elections on August 9 this year.
