×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

High cost of living persists as inflation rate falls in December

Vocalize Pre-Player Loader

Audio By Vocalize

Traders at the Kangemi open air market in Nairobi. [Elvis Ogina, Standard]

The inflation rate in Kenya dropped slightly to 6.6 per cent in December 2023, from 6.8 per cent in November 2023, according to the Kenya National Bureau of Statistics (KNBS).

The inflation rate, which measures the average change in prices of goods and services consumed by households, remained high due to an increase in prices of commodities such as transport, housing, water, electricity, fuel, and food.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Africa banks on continental trade agreement to rev up investments
Shipping & Logistics
How 300 containers were stolen from Mombasa port
By John Muia 4 hrs ago
Enterprise
800 youth benefit from 'Glam on Wheels' Initiative
Business
Flower industry loses Sh200m as transport strike hits JKIA cargo