Kenya’s inflation shoots to 8.29pc - Capital Business
Connect with us

Hi, what are you looking for?

KEBS has issued instructions to all supermarkets not to stock imported products that do not have an import standardization mark/FILE

Kenya

Kenya’s inflation shoots to 8.29pc

Kenya National Bureau of Statistics (KNBS) attributes the increase to the rise in indexes among them the food and non alcoholic drinks that increased by 2.87 percent/FILE

Kenya National Bureau of Statistics (KNBS) attributes the increase to the rise in indexes among them the food and non alcoholic drinks that increased by 2.87 percent/FILE

NAIROBI, Kenya, Sep 30 – Kenya’s overall inflation has gone up once again in the month of September to stand at 8.29 percent from Augusts’ figure of 6.67 percent.

Kenya National Bureau of Statistics (KNBS) attributes the increase to the rise in indexes among them the food and non alcoholic drinks that increased by 2.87 percent due to the implementation of the VAT Act and seasonal factors affecting supply of common food crops.

Housing, water, gas and electricity index also rose by 0.87 percent while transport index increased by 0.77 percent mainly due to increases in public transport fares that were attributed to various prices of petrol and diesel.

“The recreation index went up by 6.62 percent over the same period mainly due to the increase in costs of newspapers, books and magazines among others,” KNBS said in a statement.

The price of a 500ml packet of milk went up by 22.1 percent from Sh47.02 in August to Sh57.43 in September  while a 1000ml of  fresh unpackaged milk rose to Sh52.68 to Sh56.43., representing a 7.0 percent.

A two kilogram of maize flour rose from Sh106.33 in August to Sh110.12 in September as a kilogram of cabbages rose by 10.6 percent, from Sh46.21 to Sh51.13 at the same period.

A piece of newspaper rose from Sh50 in August to Sh60 representing a 20 percent increase while 50 units of electricity rose by 6.6 percent from Sh566.5 to Sh603.7.

Kerosene rose from Sh84.79 in August to 86.39 represent a 1.9 percent increase while a litre of petrol rose by 2.0 percent from Sh112.00 to Sh114.27.

Advertisement

More on Capital Business