Inflation drops to 6.09pc in November

November 28, 2014
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The food and non-alcoholic drinks index decreased by 0.18 percent while the transport index decreased by 0.57 percent/file
The food and non-alcoholic drinks index decreased by 0.18 percent while the transport index decreased by 0.57 percent/file
NAIROBI, Kenya, Nov 28 – Overall inflation in the month of November dropped to 6.09 percent from 6.43 percent in October owing to a reduction in food and transport costs.

The food and non-alcoholic drinks index decreased by 0.18 percent while the transport index decreased by 0.57 percent.

Also, housing, water, gas, electricity and other fuel index decreased by 0.34 percent due to falls in cost of electricity and kerosene.

“The drop in transport index was mainly due to reduction of pump prices of petrol and diesel in November 2014 compared to October 2014,” said a monthly report by Kenya National Bureau of Statistics (KNBS).

A two kilogram bag of sifted maize flour decreased by a margin of 2.65 percent, from Sh110.57 in September to Sh111.82, while a kilo of maize grain was sold at average price of Sh44.46 to Sh43.44 in November going down by 3.08 percent.

A kilogram of tomatoes sold at an average price of Sh83.30 in November from Sh93.33 representing a 10.75 percent drop while a kilo of chicken sold at Sh514.87 up from Sh510.24 in October.

A kilo of cabbages dropped with the highest margin of 7.97 percent from Sh30.83 to Sh28.37 while a kilo of mangoes went down by 3.22 percent from Sh75.31 to Sh72.88 in November.

“The decline in food inflation resulted from observed falls in the prices of several food commodities which outweighed notable rises in the prices of others,” KNBS said.

Some of the food items whose prices slightly went up include rice, sugar milk, Irish potatoes and beef.

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