Kenya’s June inflation hits 7.39pc

June 30, 2014
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According to latest data from the Kenya National Bureau of Statistics (KNBS) housing, water, electricity, gas and other fuels index went up by 0.70 percent due to increase in prices of kerosene charcoal , electricity and rent/FILE
According to latest data from the Kenya National Bureau of Statistics (KNBS) housing, water, electricity, gas and other fuels index went up by 0.70 percent due to increase in prices of kerosene charcoal , electricity and rent/FILE
NAIROBI, Kenya, Jun 30 – Kenya’s overall rate of inflation in the month of June has gone up to 7.39 percent from 7.30 percent recorded in the month of May 2014.

According to latest data from the Kenya National Bureau of Statistics (KNBS) housing, water, electricity, gas and other fuels index went up by 0.70 percent due to increase in prices of kerosene charcoal , electricity and rent.

The transport index also went up by 0.35 percent attributable to the higher cost of diesel and public transport.

The food and non-alcoholic drinks index decreased by 0.26 percent due to a decrease in prices of several food items outweighing price rises in other food items.

A kilogram of green maize went up by 5.2 percent to Sh48. 97 from Sh46.54 in May while a 2kg packet of maize flour 1.8 percent to Sh121.98 from Sh119.83 in May.

A 2kg packet of wheat flour went up by 2 percent to Sh144.06 from Sh119.83 in May while a kilo of tomatoes went down by 8.9 percent to Sh93.80 from Sh103 in the month of May.

A kilo of melons has gone down by 5.2 percent to 90.12 from Sh94.99 while a kilo of mangoes has gone up by 2 percent to Sh71.01 from Sh69.99 In May.

Alcohol drinks, tobacco and narcotics index also dropped mainly due to fall in the prices of khat.

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