Kenya Inflation Eases to 7.36% in November


In November of 2013, Kenyan annual inflation rate decelerated for the second consecutive month to 7.36 percent, as food and transport prices continue to slowdown.

Prices of food and non-alcoholic beverages slowed the most in November (10.66 percent, from 12.03 percent in October). Fresh packeted milk now costs 26.94 percent higher than a year ago and spinach prices increased 24.27 percent. Transport prices also eased to 5.02 percent, from 5.46 percent in October.

In contrast, cost of housing, water, electricity, gas and other fuels accelerated to an annual 5.07 percent (4.39 percent in October) and communication prices dropped by 3.36 percent. 

Month-on-month, the inflation rate rose 0.27 percent, after a 0.05 percent drop a month earlier. Although the price of kerosene decreased by 2.55 percent, housing, water, electricity, gas and other fuels’ index, increased 0.52 percent, mainly due to notable rises in the cost of some house rents, electricity and cooking gas. 

Kenya Inflation Eases to 7.36% in November


Kenya National Bureau of Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
12/2/2013 1:47:01 PM