Kenya’s month-on-month inflation in February eased to 6.3 per cent driven by a slight drop in prices of fuel, electricity and gas.
Data from the Kenya National Bureau of Statistics (KNBS) Consumer Price Index (CPI) shows the country’s inflation dropped from 6.9 per cent in January 2024.
KNBS data shows housing, water, electricity, gas, and other fuels dropped by 0.8 per cent between January and February, mainly due to a drop in prices of 200 kilowatt-hours (kWh) and 50 kWh of electricity by 9.3 per cent and 11 per cent respectively.
However, LPG and gas prices increased by 4.3 percent in the same review period.
“Prices of tomatoes, sugar, maize grain-loose and maize flour-loose dropped by 5.7, 4.6, 3.4 and 1.6 per cent, respectively, between January 2024 and February 2024,” stated KNBS.
“During the same period, however, prices of spinach, sukuma wiki and wheat flour-white increased by 3.9, 3.4 and 2.6 per cent, respectively,” KNBS added.