Kenya’s May Inflation Now at 5.87%

April 22, 2020 – KENYA. Photo: World Bank / Sambrian Mbaabu

Kenya’s inflation recorded a slight increase in May.

It increased from 5.76% in April to 5.87% in May 2021 following a hike in the cost of food and transportation.

The monthly report from Kenya National Bureau of Statistics (KNBS) attributes the modest increase to higher costs of transport, food and non-alcoholic beverages. The cost of food and non-alcoholic beverages rose by 1.26% month on month and 7.36% year on year.

A kilogram of cabbage recorded the highest increase in price, retailing at KSh44.85, 7.3% higher than its April 2021 price. Sukuma wiki (kales), and onions also registered price increments at 6.5% and 5.03%, respectively, retailing at KSh53.98 and KSh112.65, respectively.

Your Friends Also Read:  No solution to tariff hike: calls for Eskom restructuring

Food products, which carry the largest weight in the inflation basket at 32.19%, rose 0.32% from April.

On the other hand, prices of cost of electricity, water and charcoal dropped. A kilogram of charcoal decreased by 2.9% to retail at KSh58.07. Homes consuming 50 kilowatt-hours (kWh) paid KSh837.18 last month, a 2.47% drop from April. Those that used 200 kilowatt-hours (kWh) paid KSh4, 752.32, a 1.75% drop.

The transport cost increased by 0.69% from April due to a 2.87% increase in fuel prices to KSh127.21 per litre.

Leave your vote

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.
Your Friends Also Read:  Namibia threatens to withdraw from global wildlife pact


Previous Article

Mali Names Choguel Kokalla as Prime Minister

Next Article

Gunmen Kill Two in Kaduna State, Nigeria

Related Posts

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.