Kenya’s inflation rate declined to 4.3% YoY in July, the lowest in four years, influenced by a strong shilling and reduced electricity and fuel costs. This easing has moderated transport expenses, which increased by only 4% in July, down from 7.7% in June. Food prices also saw a slight decline of 0.5% MoM. Despite the general decline, specific household items continue to strain budgets within the central bank’s target range of 2.5% to 7.5%.