The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.

Standard Group Plc HQ Office,
The Standard Group Center,Mombasa Road.
P.O Box 30080-00100,Nairobi, Kenya.
Telephone number: 0203222111, 0719012111
Email: [email protected]

NEWS & CURRENT AFFAIRS

The Nairobian

Inflation rate rises to 6.02 per cent in July

Business

By - | Jul 31, 2013

By Standard Reporter

KENYA: Inflation rate rose to 6.02 per cent in July 2013 from 4.91 per cent in June 2013.

According to Kenya National Bureau of Statistics (KNBS), the inflation rate is attributed to upsurge in the cost of utilities.

“The Consumer Price Indices (CPI) increased by 0.2 per cent from 139.59 in June 2013 to 139.87 in July 2013,” said the report.

The affected utilities include: food and non-alcoholic drinks, housing, water, electricity, gas and transport.

Keep Reading business

Between June and July 2013, food and non-alcoholic decreased by 0.10 per cent due to total falls that outweighed rises in the average prices of various food items.

Housing, water, electricity, gas and other fuels rose by 0.13 per cent index. This was as a result of surge in house rent and charcoal cost. Transport index rose by 0.98 per cent due to increase on the pump prices of petrol and diesel.

The health index also rose by 0.95 per cent due to increase in doctor’s charges and some medicine.