Kenya National Bureau of Statistics hereby releases Consumer Price Indices (CPI) and rates of inflation for November 2013. These numbers have been generated using data collected during the second and third weeks of the month under review. The prices were obtained from selected retail outlets in 25 data collection zones located in 13 urban centers.
As shown in Tables 1 and 2, the CPI increased by 0.27 per cent from 142.75 in October 2013 to 143.14 in November 2013. The overall inflation rate stood at 7.36 per cent in November 2013.
During the month of November 2013, Food and Non Alcoholic drinks’ Index increased by 0.40 per cent being a net effect of increase in prices of some food items outweighing falls in prices of others.
Although the price of kerosene decreased by 2.55 per cent, over the review period, Housing, Water, Electricity, Gas and Other Fuels’ index, increased by 0.52 per cent. This was attributed to notable rises in the cost of some house rents, electricity and cooking gas as shown in Table 3. For instance, despite decrease in forex adjustment charges, fuel cost adjustment charges increased which led to slightly higher cost of electricity in November 2013 compared to October 2013.
Transport Index dropped by 0.42 per cent mainly due to reduced prices of petrol and diesel..Read more..
Consumer Price Index (CPI) fell slightly from 142.82 points in September 2013 to 142.75 points in October 2013. The overall rate of inflation declined from 8.29 per cent to 7.76 per cent during the period. The Kenyan shilling appreciated against all major currencies and exchanged at an average of KSh 85.31, KSh 137.31, KSh 116.33, KSh 87.24, KSh 8.80, KSh 29.74 and KSh 18.87 against the US dollar, sterling pound, Euro, Japanese Yen, South African rand, the Ugandan and Tanzanian shilling respectively, as at the end of October 2013.
The CPI decreased by 0.05 per cent from 142.82 in September 2013 to 142.75 in October 2013. The overall inflation rate stood at 7.76 per cent in October 2013. Between September and October 2013, Food and Non Alcoholic drinks’ Index decreased by 0.24 per cent. As shown in Table 3, this was as result of a number of foodstuffs declining in prices in October 2013 compared to September 2013.
Consumer Price Index (CPI) rose from 140.29 points in August 2013 to 142.82 points in September 2013. The overall rate of inflation increased from 6.67 per cent to 8.29 per cent during the period. The Kenyan shilling depreciated against all major currencies except the US dollar and Japanese Yen exchanging at an average of KSh 87.41, KSh 138.54, KSh 116.67, KSh 88.14, KSh 8.77, KSh 29.41 and KSh 18.48 against the US dollar, sterling pound, Euro, Japanese Yen, South African rand, the Ugandan and Tanzanian shilling respectively, as at the end of September 2013.
Kenya’s economy is estimated to have expanded by 4.3 per cent which was slightly slower than the growth of 4.4 per cent experienced during the same quarter of 2012.