Kenya's June Monthly Inflation Slows Slightly to 7.9%

30 June 2023
Capital FM (Nairobi)
By Kevin Rotich

Nairobi — Kenya's monthly inflation slowed by 0.1 percent to 7.9 percent in the month of June from the previous month, new data shows, on the back of the high cost of food and non-food items.

The latest Kenya National Bureau of Statistics (KNBS) Consumer Price Index (CPI) and inflation rate for June show that inflation dropped from 8 percent in May.

"The inflation was largely due to increase in prices of commodities under food and non-alcoholic beverages (10.3 percent), as well as housing, water, water, electricity, gas and other fuels (9.4 percent); and transport (9.4 percent) between June 2022 and June 2023," KNBS said.

In the period, prices of carrots, onions, tomatoes, and maize grain-loose went up by 9 percent, 7.3 percent, 6.4 percent, and 5.5 percent, respectively.

However, potato, avocado, kale, and cabbage costs declined by 6.1 percent, 4.6 percent, 2.7 percent, and 0.3 percent, respectively.

Read the original article on Capital FM.

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