× Digital News Videos Health & Science Opinion Education Columnists Cartoons Lifestyle Moi Cabinets Arts & Culture Ramadhan Special Podcasts 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 Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Kenya's inflation inches up to 5.90pc

By Correspondent | April 1st 2021

NAIROBI, KENYA: Kenya’s year-on-year inflation inched up to 5.90 per cent in March from 5.78 per cent a month earlier, the statistics office said on Wednesday.

On a monthly basis, the Kenya National Bureau of Statistics (KNBS) said in a statement inflation was 0.40 per cent, down from 0.70 per cent in February.

The inflation rate rose marginally to 5.8 per cent in February from 5.7 per cent in January, which was largely driven by cheap fuel and food prices.

The Institute of Certified Public Accountants of Kenya (Icpak) said the increase in prices has been the highest since 2007, jumping by Sh15.82 in two months and leading to high inflation.

“This means that Kenyans will endure more pain amid a pandemic. We all know that the costs of energy and transport have significant weight in the basket of goods and services that is used to measure inflation in the country,” said Icpak Chairperson Rose Mwaura.

Share this story
Raila, Joho to battle out ODM’s 2022 presidential ticket
ODM leader Raila Odinga will be competing for the party’s 2022 presidential ticket with Governors Wycliffe Oparanya and Hassan Joho.
I&M profit falls 21 per cent
Group Chairman Daniel Ndonye attributed the decline in profitability to a tough operating environment last year due to Covid-19.