inflation

Kenya’s overall inflation rate dropped to 3.83 percent in September, down from 5 percent in August due to a decrease in the cost of most foodstuffs, the data agency said on Monday.

Zachary Mwangi, director general of Kenya National Bureau of Statistics (KNBS) said that the consumer price indices (CPI) decreased from 201.78 in August to 201.57 in September.

“The overall year on year inflation in September 2019 stood at 3.83 percent,” Mwangi said in a statement issued in Nairobi.

According to KNBS, between August and September, the food and non-alcohol drink’s index decreased by 0.40 percent due to a decrease in prices of some foodstuffs outweighing increases recorded in others.

Mwangi said that the housing, water, electricity, gas and other fuels’ index, increased by 0.07 percent, mainly due to an increase in house rent and cooking fuels.

He added that the transport index increased by 0.48 percent, mainly due to an increase in pump prices of diesel and petrol.

The prices were obtained from selected retail outlets in 25 data collection zones in Nairobi and in 13 other urban centers in the country. Enditem

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