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Inflation has been brought about the weakening of the Kenya shilling versus the American dollar an issue that has made the cost of living too high leading to escalating prices of commodities.

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12y ago
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12y ago

· droughts

· Global economic prices

· Rises of oil

· Increase of civil servant salary compare to output.

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Q: What have been the causes of inflation in Kenya?
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Related questions

What is the causes of monetary inflation?

Look here http://en.wikipedia.org/wiki/Inflation#Causes


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Inflation refers to the general increase in prices of goods and services over time, leading to a decrease in the purchasing power of a currency.


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Inflation causes people to save on everything. This makes commerce to sell less. Selling less causes unemployment. Unemployment and low consumption cause recession. No inflation implies on high consumption which must be controlled as well, but is much better than inflation and recession.