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Kenya: Year-on-year inflation eases in March

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Year-on-year inflation stood at six-point-zero six percent in March as compared to six-point-thirty-seven percent the previous month, the Kenya National Bureau of Statistics (KNBS) announced on Tuesday, 31 March 2020.

According to the statistics body, the fall in the price indices for some foodstuffs such as tomatoes and spinach were strong enough to offset increases in other items in the food basket between March 2019 and March 2020.

KNBS said the annualised food inflation in March stood at eleven-point-eighty-five percent, largely driven by increases in prices of food items such as mangoes, Irish potatoes, onions, and cooking oils, which rose by 5.4, 2.3, 2.1, and 0.8 percent respectively.

“However, during the same period, prices of tomatoes and spinach dropped by six-point-zero-six and four-point-eighty-seven, respectively,” KNBS said in a statement issued in Nairobi.

During the same review period, the transport index decreased by zero-point ten percent, mainly due to a decrease in the prices of petrol at one-point twenty-eight percent, noted KNBS.

The month-on-month food and non-alcoholic drinks’ index increased by zero-point-fifty-five percent between February and March.



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