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Kenya Inflation Rate Rises to Three-Month High in December

Kenya Inflation Rate Rises to Three-Month High in December

(Bloomberg) -- Kenyan consumer prices roses at the fastest pace in three months in December.

The annual consumer-inflation rate was 5.7 percent compared with 5.6 percent a month earlier, the Nairobi-based Kenya National Bureau of Statistics said in an emailed statement Monday. Household-utility prices surged more than 13 percent from a year earlier, it said. Prices climbed 0.7 percent from a month earlier, it said.

To contact the reporters on this story: Adelaide Changole in Nairobi at achangole2@bloomberg.net;Prinesha Naidoo in Johannesburg at pnaidoo7@bloomberg.net

To contact the editors responsible for this story: Rene Vollgraaff at rvollgraaff@bloomberg.net, Ana Monteiro, Jacqueline Mackenzie

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