Inflation Drops Marginally to 6.45% in October; Sugar, Tomato Prices Up

Inflation in Kenya based on the Consumer Price Index (CPI) fell marginally to 6.45 per cent in October from 6.91 per cent in September due driven by higher food prices.

Ngara Fig Tree Market

Inflation in Kenya based on the Consumer Price Index (CPI) fell marginally to 6.45 per cent in October from 6.91 per cent in September due driven by higher food prices.

“This was mainly driven by an increase in prices of commodities under food and non-alcoholic beverages (10.60 per cent); transport (8.15 per cent); and housing, water, electricity, gas and other fuels (5.80 per cent) between October 2020 and October 2021,” the Kenya National Bureau of Statistics (KNBS) said Friday.

The statistics body disclosed that during the month, prices of tomatoes, oranges and sugar increased by 3.53, 3.12 and 2.50 per cent, respectively. 

However, prices of spinach, beans and potatoes decreased by 2.73, 0.45 and 0.36 per cent, respectively. 

The Housing, Water, Electricity, Gas and Other Fuels’ Index, increased by 0.67 per cent between September 2021 and October 2021.

This was mainly attributed to increase in prices of cooking gas (LPG), electricity and house rent. During the same period, prices of kerosene/paraffin decreased by 6.51 per cent.

The Transport Index decreased by 0.35 per cent mainly due to a drop in the price of petrol and diesel, which went down by 3.69 per cent and 4.29 per cent, respectively between September and October 2021.