Inflation grew by 0.3pc to 6.9pc in december last year

Kenya’s inflation surged slightly to 6.9 percent this month, buoyed by rising costs of transport, housing, electricity, and food.

The Kenya National Bureau of Statistics (KNBS), in its latest data, shows that the monthly inflation figures grew by 0.3 percent from 6.6 percent in December last year.

KNBS has said  that inflation expanded after the cost of transport went up by 10.6 percent, as well as housing, water, electricity, gas, and other fuels by 9.7 percent, and food and non-alcoholic beverages by 7.9 percent.

The monthly inflation figure is generated from surveys of retail prices for households’ consumption of goods and services.

The latest fuel prices, as of 12th December 2023, are 144.3p per litre for petrol and 151.81p for diesel.

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