×
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.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Big win for Ruto as court clears path for sale of key State firms
By Brian Ngugi 11 hrs ago
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified