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Kenya’s year on year inflation rate as measured by the Consumer Price Index (CPI) was 6.45 pc/ COURTESY

Kenya

Kenya’s Year on Year Inflation Rises to 5.46 in November

NAIROBI, Kenya, Dec 1-Kenya’s year-on-year inflation in November increased to 5.46 percent compared to 4.84 percent in October 2020.

Data from the Kenya National Bureau of Statistics reveals that the Consumer Price Index in November was up by 1.19 percent from 109.60 in October 2020 to 110.91 in November 2020.

During the period under review, the food and non-alcoholic beverages index increased by 1.54 percent while the year-on-year food inflation stood at 6.09 percent in November 2020.

“This was a net increase in prices of several food items which outweighed decreases in prices of others,” reads the KNBS statement.

Prices of beans with bones, wheat flour white, and tomatoes increased by 0.99, 0.69, and 0.67 percent respectively.

However, a decrease was noted in other food items such as maize flour sifted, maize flour loose and carrots decreased by 1.47, 1.52, and 1.11 percent respectively.

During the same period, the housing, water, electricity, gas, and other fuels’ index increased by 0.7 percent in November 2020.

“The change was mainly due to increases in the cost of some cooking fuels and household utilities. There were however some notable decreases in the cost of kerosene and electricity,” said KNBS Director General Macdonald Obudho.

At the same time, the transport index decreased by 0.15 percent mainly due to a drop in the pump prices of diesel and petrol.

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