28 December 2012

Kenya: Inflation Drops Again

Photo: The East African
Nairobi shoppers (file photo): Consumers still suffering despite inflation going down.

This month's overall inflation rate dropped to 3.20% compared to last month's 3.25% due to slowing food prices. Housing,water, electricity, gas and other fuel index went up due to the slightly higher cost of house rent, kerosene and other cooking fuel.

Despite a lower cost of petrol and diesel the transport index went up due to high fares associated with Christmas festivities.

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