- Kenya's October consumer price inflation reached 7.3%, the highest level in more than three years.
- Inflation rose from 6.8% in September, driven by record gasoline prices tied to the Middle East conflict.
- The print exceeded the 7% median estimate of four economists in a Bloomberg survey and the central bank's 6.9% forecast.
Quotes
“Consumer prices rose 7.3% from a year earlier, compared with 6.8% in September”