Weather, Inflation Threaten Kenya’s Food Security
1 February 2011 The Kenyan central bank is taking steps to stop inflation from rising to new levels.
Dry weather and oil prices are driving prices to increase in the country, according to Bloomberg.
The central bank lowered interest rates to stave off severe price fluctuations, but the risk remains. The La Nina weather system could cause prices to rise significantly if farmers experience a severe reduction in yields. Analysts expect inflation to reach 6 to 7 percent by the end of 2011, according to the article.
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