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Kenya's Inflation Rate Declines to 6.45 Percent in October

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 29 October 2021.

Kenya's overall year-on-year inflation rate in October 2021 declined to 6.45 percent, down from the 6.91 percent recorded in September, as revealed by the latest data from the Kenya National Bureau of Statistics (KNBS) on October 29, 2021.

The decline in inflation was driven by an increase in the Food and Non-Alcoholic Drinks Index, which rose by 1.11 percent between September 2021 and October 2021, mainly due to an increase in the price of some food items.

Food prices in October 2021 were relatively higher compared to those recorded in October 2020, with prices of tomatoes, oranges, and sugar increasing by 3.53, 3.12, and 2.50 percent, respectively, compared to the previous month.

On the other hand, prices of spinach, beans, and potatoes decreased by 2.73, 0.45, and 0.36 percent, respectively.

The Transport Index decreased by 0.35 percent mainly due to a drop in the price of petrol and diesel, which went down by 3.69 percent and 4.29 percent, respectively, between September and October.

However, the Housing, Water, Electricity, Gas and Other Fuels' Index increased by 0.67 percent due to an increase in prices of cooking gas (LPG), electricity, and house rent.

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