East Africa: Kenya's Monthly Inflation Eases to 4.3 Percent in July

Nairobi — Kenya's monthly inflation dropped by 0.3 percent to 4.3 percent in July, helped by declining costs of food, electricity, housing, and fuel.

Latest data from the Kenya National Bureau of Statistics shows that this dropped from 4.6 percent in June.

Last month, tomatoes, wheat flour-brown, onion leeks, and bulbs, as well as maize flour, fell by 5.5, 4.2, 4.1, and 5.5 percent, respectively. However, prices of cabbages and carrots increased by 8.1 percent and 1.8 percent.

Likewise, the housing, electricity, gas, and other fuels index fell by 0.4 percent due to a drop in 50 and 200 kilowatt hours of electricity and kerosene by 9.4 and 4.4 as well as 0.8 percent, apiece.

"The CPI and inflation is generated from data collected through the monthly survey of retail prices that targets a representative basket of household consumption goods and services," KNBS said in a statement.

"The data collection is conducted in the second and third weeks of the month from a representative sample of outlets located in 50 data collection zones across the country."

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