Inflation rises slightly in April

April 30, 2013
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Food and non-alcoholic drinks’ index shot up by 1.85 percent mainly due to increase in the price of food items such as Tomatoes, beef, potatoes and sugar/FILE
Food and non-alcoholic drinks’ index shot up by 1.85 percent mainly due to increase in the price of food items such as Tomatoes, beef, potatoes and sugar/FILE
NAIROBI, Kenya, Apr 30 – Kenya’s month-on-month inflation rate went up marginally by 0.03 percent to 4.14 percent in April, according to the latest data from the Kenya National Bureau of Statistics (KNBS).

Food and non-alcoholic drinks’ index shot up by 1.85 percent mainly due to increase in the price of food items such as Tomatoes, beef, potatoes and sugar.

The price of a kilo of tomatoes rose the highest by 25.29 percent from Sh82.95 percent in March to Sh103.93 in April. A kilo of beef, with bones, rose by 1.12 percent to Sh338.49 compared to Sh334.74 in March.

The average price of a kilo of Irish potatoes hit Sh60.18 in April compared to Sh58.56, a 2.77percent rise while a kilo of sugar rose marginally by 0.74 percent to Sh121.88 in April from Sh120.98 in March.

However the cost of a 500ml packet of milk dropped slightly to Sh38.8 from Sh38.97 in March.

Housing, water, electricity, gas and other fuels’ index went up by 0.31 percent between March and April 2013, mainly due to observed modest increases in cost of house rents and cooking fuels like charcoal.

The transport index increased by 0.20 percent over the review period on account of high taxi, bus and matatu charges which were observed despite lower cost of diesel.

In March, overall inflation rate dropped from 4.45 percent to 4.11 percent largely to favorable exchange rates.

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