Kenya’s month-on-month inflation in January grew 0.3 points to 6.9 per cent driven by an increase in prices of commodities under transport, housing, water and electricity.
Data from the Kenya National Bureau of Statistics (KNBS) Consumer Price Index (CPI) shows the country’s inflation increased from 6.6 per cent in December 2023.
“This was mainly driven by increases in prices of commodities under Transport (10.6 per cent); Housing, Water, Electricity, Gas and other fuels (9.7 per cent); and Food and Non-Alcoholic Beverages (7.9 per cent) between January 2023 and January 2024. These three divisions account for over 57 per cent of the weights of the 13 broad categories,” stated KNBS.
The CPI and inflation is generated from data collected through monthly surveys of retail prices that target a representative basket of household consumption goods and services.
The data collection is conducted in the second and third weeks of the month from a representative sample of outlets located in 50 data collection zones across the country.
From the data, one kilogramme of cabbages, carrots and oranges retailed at Ksh60.52, Ksh108.14 and Ksh86.87 respectively during the review period.
In December 2023, a kilogramme of cabbage cost Ksh55.01 while a kilogramme of carrots and oranges cost Ksh100.67 and Ksh84.28 respectively.