NAIROBI (Reuters) -Kenya’s annual consumer inflation rose for the fourth month in a row to 3.5% in February from 3.3% in January, the statistics office said on Friday.
Core inflation remained at 2.0% in February, unchanged from January, while non-core inflation rose to 8.2% in February from 7.1% the previous month, the Kenya National Bureau of Statistics said in a statement.
Kenya’s central bank cut its main interest rate for the fourth meeting in a row to 10.75% on February 5, saying it wanted to do more to support lending and boost economic growth.
The central bank said inflation was expected to remain below the midpoint of the 2.5%-7.5% target range in the near term.
(Reporting by Hereward Holland; Editing by Jan Harvey and Kevin Liffey)
