Inflation - The Standard

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Inflation

Agony for consumers as cost of living hits five-year high in July

Inflation rose to 8.3 per cent mainly due to the increase in prices of food and fuel.

By Dominic Omondi 9 days ago

Agony for consumers as cost of living hits five-year high in July

Kenya's inflation rate up by 0.4 per cent from June

Kenya's inflation rate up by 0.4 per cent from June

By Betty Njeru 10 days ago

NSE tipped for further decline as inflation, rates hike batter economy

NSE tipped for further decline as inflation, rates hike batter economy

By Peter Theuri 26 days ago

High food prices to persist as fertiliser imports thin out

High food prices to persist as fertiliser imports thin out

By Dominic Omondi 1 month ago

Sex workers announce new terms of service, as the going gets tough

A session with no romance adjusted to Sh500 from Sh300; a full package of romance is now Sh1,000, up from Sh500. Those who want to enjoy without protection will have to pay Sh3,000.

By Peter Kimani 1 month ago

Sex workers announce new terms of service, as the going gets tough

Pain for Kenyans food, fuel prices hit five-year high

Cost of living hits 7.9 percent, the highest since August 2017 as food prices hit 30-month high, KNBS report shows.

By Frankline Sunday 1 month ago

Pain for Kenyans food, fuel prices hit five-year high

Cost of living shoots to the highest since August 2017

The Bureau has attributed the inflation rise to the increase in price of basic commodities.

By Winfrey Owino 1 month ago

Cost of living shoots to the highest since August 2017

Ingenious ways businesses are coping with high living cost

The price of basic commodities keeps rising while our wages and salaries stagnate.

By XN Iraki 1 month ago

Ingenious ways businesses are coping with high living cost

Tax multinationals and richest people to ease inflation pressure

And when the political will exists, it is quite easy to identify where the wealth is hidden, as the Russian invasion of Ukraine has shown.

By Irene Ovonji-Odida 1 month ago

Tax multinationals and richest people to ease inflation pressure

Four economic measures the next government should take

The Kenyan Shilling appears to be on the ropes.

By Isaac Kalua Green 1 month ago

Four economic measures the next government should take

No, 100 days won't be enough to sort out our economy

The front runners: Azimio’s Raila Odinga and UDA’s William Ruto are promising miracles in their first 100 days.

By Mike Nyagwoka 1 month ago

No, 100 days won't be enough to sort out our economy

More hunger on the way as food inflation goes past 28-month high

Government has cited various reasons, such war in Ukraine for the rise in cost of living. Politicians who passed bills to increase taxes on some goods are engaged in blame game.

By Frankline Sunday 1 month ago

More hunger on the way as food inflation goes past 28-month high

Business confidence drops to a new low on inflation, poll jitters

This is the second consecutive month the business environment has deteriorated to record lows. Export demand, however, was more resilient as it grew at the fastest rate in three months.

By Macharia Kamau 2 months ago

Business confidence drops to a new low on inflation, poll jitters

State should intervene and end cooking oil crisis

Of all the household items that Kenyans use on a daily basis, and somehow cannot do without, cooking oil has had the most volatile prices.

By Editorial 2 months ago

State should intervene and end cooking oil crisis

Shopping pain for Kenyans as commodity prices go through the roof

Before prices of cooking oil began their climb-up, a five-litre of Fresh Fri cooking oil was retailing at below Sh1,000 in early 2020.

By Dominic Omondi 2 months ago

Shopping pain for Kenyans as commodity prices go through the roof

Hard times for Kenyans as cost of living rises to a two-year high

Increase in prices of goods and services is the highest since February 2020.

By Dominic Omondi 2 months ago

Hard times for Kenyans as cost of living rises to a two-year high

Accountants ask State to cap food prices amid high inflation

The accountants urged the National Assembly and Treasury to employ sector-targeted tax exemptions on agriculture and energy.

By Joackim Bwana 2 months ago

Accountants ask State to cap food prices amid high inflation

How the handout economy is fueling Kenya's inflation

My biggest economic worry is that giving free money with no commensurate productivity leads to inflation.

By XN Iraki 2 months ago

How the handout economy is fueling Kenya's inflation

IMF boss warns on inflation shocks

She said strong demand from the US, supply chain disruptions and the Ukraine war effects all point to longer-lasting inflation.

By Reuters 2 months ago

IMF boss warns on inflation shocks

High prices of goods blamed for costly dollar, supply disruptions

Suppliers lobby attributes the rise to increased fuel prices which have impacted the entire value chain.

By Graham Kajilwa 2 months ago

High prices of goods blamed for costly dollar, supply disruptions

Raising the minimum wage can only go so far in cushioning poor workers

On the basis that it covered the inflation rate, it was a good increment. Our wages and salaries should be indexed to inflation to protect our purchasing power.

By XN Iraki 2 months ago

Raising the minimum wage can only go so far in cushioning poor workers

Inflation hands workers worst pay-cut in 10 years

The sustained rise in the prices of goods and services has handed workers the second straight cut in the purchasing power, with last year being the worst in a decade.

By Patrick Alushula 3 months ago

Inflation hands workers worst pay-cut in 10 years

Do more to cushion workers from inflation

This year's celebrations, however, come against the background of depressed salaries and wages as employers race to recover from the adverse effects of Covid-19.

By Editorial 3 months ago

Do more to cushion workers from inflation

Kenya tops countries with high food prices in latest ranking

Kenya was among the countries in Sub-Saharan Africa whose citizens experienced the highest spike in food prices in February compared to the same month last year.

By Dominic Omondi 3 months ago

Kenya tops countries with high food prices in latest ranking

Global central banks stay inflation-focused, predict growth

For some central banks, deep worries about prices and imported inflation have already set off policy tightening.

By Reuters 4 months ago

Global central banks stay inflation-focused, predict growth

How Kenya found itself in a political quagmire

It is widely anticipated that the rule of law is an essential component for economic growth and peaceful coexistence.

By Babere Kerata Chacha 5 months ago

How Kenya found itself in a political quagmire

Inflation dips to 16 month low to defy food prices rise

Inflation slowed from January’s 5.39 per cent to 5.07 per cent in February

By Patrick Alushula 5 months ago

Inflation dips to 16 month low to defy food prices rise

Pension sector outlook positive despite election uncertainties

The Economic Recovery Strategy put in place after the Covid-19 pandemic signals some light at the end of the tunnel.

By Simon Wafubwa 5 months ago

Pension sector outlook positive despite election uncertainties

Election crystal ball that is splitting investors

Survey says firms are concerned that business performance will be affected by increased political activity.

By Patrick Alushula 5 months ago

Election crystal ball that is splitting investors

Curse of democracy: How elections hurt the economy every five years

Every election year, and the one after, investors are averse to pumping money into the economy, hurting growth.

By Dominic Omondi 5 months ago

Curse of democracy: How elections hurt the economy every five years

Welcome to Kenya, a nation of hardworking but broke workers

But in an economy where there are not enough formal jobs to go around, many well-educated folks are now the true definition of 'hustlers.'

By Dominic Omondi 5 months ago

Welcome to Kenya, a nation of hardworking but broke workers

Fed up Kenyans kick up a storm over high food prices, living cost

Situation has been aggravated by bad weather, high taxes and the negative effects of Covid-19, with prices rising 8.9 per cent in January.

By Dominic Omondi 5 months ago

Fed up Kenyans kick up a storm over high food prices, living cost

Bane of youth: When searching for a job becomes a full-time job

Many young people are sinking into depression or turning to alternative means of earning a living as jobs become more scarce in a battered economy.

By Peter Theuri 5 months ago

Bane of youth: When searching for a job becomes a full-time job

Kenyans take to social media, protest against rising food prices

A two-kilogram packet of maize is now retailing at Sh120 while a kilo of sugar goes at Sh140 across major supermarkets in the country.

By Fredrick Ooko 5 months ago

Kenyans take to social media, protest against rising food prices

Policy, governance and personal choices determine cost of living

The Government’s economic growth doesn’t seem to reflect in our households. Year on year inflation was 5.39 per cent in January 2022.

By Patrick Muinde 5 months ago

Policy, governance and personal choices determine cost of living

Insurance brokers eye growth in a rapidly changing market

Rising inflation, for example, combined with flat interest rates could turn out to be a major obstacle to improving profitability.

By Gerard Nyele 6 months ago

Insurance brokers eye growth in a rapidly changing market

Pain for workers as salaries stall

High inflation made worse by the adverse effects of Covid-19 has seen the quality of life of many employees worsen over the last two years.

By Patrick Alushula 6 months ago

Pain for workers as salaries stall

Poll: High inflation to dent global growth

While price pressures are still expected to ease in 2023, the inflation outlook is much stickier than three months ago.

By Reuters 6 months ago

Poll: High inflation to dent global growth

Struggling Kenyans feel the pinch as food prices soar

Situation aggravated by adverse weather conditions and prevailing tough economic environment amid Covid ravages.

By Dominic Omondi 6 months ago

Struggling Kenyans feel the pinch as food prices soar

US cuts off Ethiopia, Mali, Guinea from Agoa initiative

It piles more pressure on an economy reeling from the conflict, the coronavirus pandemic, and high inflation.

By Reuters 7 months ago

US cuts off Ethiopia, Mali, Guinea from Agoa initiative

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