CPI and Inflation Rates for November 2013

cpi112013Kenya 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..