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The Nexus
BUSINESSMay 29 · 08:04 UTCBLOOMBERGDavid Herbling

Fuel Prices Push Kenya Inflation Sharply Higher on War Shock

Kenya's inflation has risen sharply due to fuel prices driven by a war shock. The government agreed to compensate oil marketers for selling fuel at rates higher than the retail cap to address a supply shortage.

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Kenyaplacefuel pricestopicinflationtopicwar shocktopicoil marketersorganizationretail captopicsupply shortagetopic
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