September inflation goes up to 6.34pc

September 30, 2016
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Housing, water, electricity, gas and other fuel’s index, also increased 0.05 percent even as cost of electricity remained the same during the period/FILE
Housing, water, electricity, gas and other fuel’s index, also increased 0.05 percent even as cost of electricity remained the same during the period/FILE

, NAIROBI, Kenya, Sep 30 – Kenya’s overall inflation for the month of September increased to 6.34 percent compared to last month’s 6.26 percent.

The Kenya National Bureau of Statistics (KNBS) attributed the rise to an increase in food and non alcoholic drinks whose index went up by 0.55 percent in the month of September.

Overview
  • The Kenya National Bureau of Statistics (KNBS) attributed the rise to an increase in food and non alcoholic drinks whose index went up by 0.55 percent in the month of September.
  • The year on year food inflation was 10.94 percent.
  • Housing, water, electricity, gas and other fuel’s index, also increased 0.05 percent even as cost of electricity remained the same during the period.

The year on year food inflation was 10.94 percent.

Housing, water, electricity, gas and other fuel’s index, also increased 0.05 percent even as cost of electricity remained the same during the period.

Transport costs however decreased by 0.30 percent mainly driven by decreases in the pump prices of petrol and diesel.

Kerosene and cooking gas also decreased by 5.3 per cent and 2.4 percent respectively.

The Central Bank of Kenya has predicted overall inflation will remain within the government’s target range in the short term, despite expectations of temporary upward pressures on consumer prices.

CBK Governor Patrick Njoroge attributed it to recent increases in fuel tax.

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