Kenya Inflation Rate Edges Down to 6.27% in March

Kenyan annual inflation rate decelerated for the second consecutive month to 6.27 percent, from 6.86 percent recorded in February of 2014, as food, electricity and gas prices slowed.
Kenya National Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com 3/31/2014 2:55:45 PM
Year-on-year, prices rose at a slower pace for food (+8.29 percent, from 9.14 percent in February of 2014), housing, water, electricity and gas (+4.44 percent from 5.15 percent), transport (+5.17 percent from 6.42 percent), clothing and footwear (+4.84 percent from 4.89 percent). 

In contrast, higher inflation was recorded for furnishing and equipment (+5.48 percent from 5.46 percent in the previous month), health (+6.84 percent from 5.95 percent) and education (+5.62 percent from 5.33 percent).

Communication prices continued to fall by 3.13 percent in March of 2014.

On a monthly basis, prices accelerated slightly to 0.45 percent from February’s 0.38 percent, mainly due to higher cost of food (+0.56 percent), transports (+0.30 percent), clothing and footwear (+0.40 percent). 

Kenya Inflation Rate Edges Down to 6.27% in March