Kenya’s inflation eases to 6.27pc in March

March 31, 2014
Shares

,

A kilogram of beans went up by 2.97 percent to Sh100.89 from Sh97.98 while a kg of sugar reduced by 1.98 percent to Sh109.89 from Sh112.12 in February/XINHUA-File
A kilogram of beans went up by 2.97 percent to Sh100.89 from Sh97.98 while a kg of sugar reduced by 1.98 percent to Sh109.89 from Sh112.12 in February/XINHUA-File
NAIROBI, Kenya, Mar 31 – Kenya’s overall rate of inflation in the month of March has gone down further to 6.27 percent from 6.86 percent recorded in the month of February.

According to the latest statistics from the Kenya National Bureau of Statistics (KNBS) housing, water, electricity, gas and other fuels index went up by 0.28 percent due to the observed higher prices of common cooking fuels including kerosene and cooking gas.

The transport index went up by 0.30 percent attributable to the higher cost of petrol, matatu fares and parking fees.

The food and non-alcoholic drinks index increased by 0.56 percent due to the rise in prices of several food items outweighing notable falls in prices of others.

A kilogram of beans went up by 2.97 percent to Sh100.89 from Sh97.98 while a kg of sugar reduced by 1.98 percent to Sh109.89 from Sh112.12 in February.

A 2Kg packet of maize flour increased by 0.30 percent from Sh113.22 to retail at Sh113.55 while a 2Kg of wheat flour decreased by 0.74 percent to retail at Sh136.50 from Sh137.57.

A litre of kerosene rose by 0.98 percent to price at Sh84.65 from Sh83.83 while a litre of diesel went down by 0.55 percent to retail at Sh106.34 from Sh106.92.

A litre of petrol went up by 1.38 percent to Sh114.29 from Sh112.73.

The overall month-on-month inflation declined from 7.21 percent in January to 6.86pc percent in February with month-on-month non-food- non-fuel inflation remaining relatively stable, increasing slightly from 4.83 percent to 4.93 percent during the period.

Shares

Latest Articles

Stock Market

Most Viewed