Kenya's inflation rate has reached a new record high of 7.1 percent in May 2022, according to the Kenya National Bureau of Statistics (KNBS).
The data shows that the overall year-on-year inflation rate for May 2022 was 7.1 percent, compared to 6.47 percent recorded in April 2022.
The prices of essential food items, including maize flour, cooking fat, cooking oil, and fresh packeted cow milk, increased significantly, with rises of 6.9, 6.1, 5.3, and 3.7 percent, respectively, compared to April 2022.
However, the prices of kale (sukuma wiki), spinach, and cabbages dropped by 5.0, 4.1, and 4.0 percent, respectively, during the same period.
KNBS noted that there was a notable increase in prices of food items in May 2022, compared with the prices recorded in May 2021.
The upward review of prices of petrol and diesel saw the transport index rising by 0.8 percent over the same period, while the Housing, Water, Electricity, Gas and Other Fuels' Index increased by 0.6 percent between April 2022 and May 2022.
