Bloomberg News

Kenya Inflation May Jump on Shilling, Standard Chartered Says

June 22, 2011

June 22 (Bloomberg) -- Kenya’s inflation rate may rise to at least 22 percent “later this year” if the shilling continues to depreciate and food and fuel prices remain high, Razia Khan, head of Africa research at Standard Chartered Bank Plc, said at a briefing in Nairobi, the capital, today.

To contact the reporter on this story: Sarah McGregor in Nairobi at smcgregor5@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


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