× Digital News Videos Weird News Health & Science Sunday Magazine Lifestyle Opinion Education Columns Moi Cabinets Arts & Culture Special Reports Fact Check E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Games Crosswords Sodoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Prices of major household products remain stable in July, says KNBS

By Dominic Omondi | July 30th 2020 at 17:07:13 GMT +0300

The prices of consumer products increased at a slower rate of 4.36 per cent in July occasioned by favourable weather, tax reliefs offered by Government and depressed demand following job losses.

In June, prices of goods and services increased by 4.59 per cent, according to data from the Kenya National Bureau of Statistics (KNBS).

This was the slowest increase in prices of goods and services- technically known as inflation- since the country reported its first case of Covid-19 in early March.

Food and non-alcoholic beverage which take up a huge space in a typical Kenyan’s shopping basket declined by 0.8 per cent in July compared to June.

Some of the food items that registered a decline in price in the period under review include tomatoes, Irish potatoes, spinach, onions and Sukuma wiki. Offals, colloquially known as Matumbo, also registered a drop in price.

Read More

Rent prices also went down. “On the other hand, the cost of electricity and kerosene went up 0.5 per cent and 4.11 per cent, respectively,” said KNBS Director General Zachary Mwangi in a statement

KNBS Inflation Matumbo
Share this story

Read More