June Inflation Rises to 5.70% as Fuel Costs and Housing Expenses Drive Increase, KNBS Reports

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Nyakundi Report

Newsroom 1 min read

Kenya's inflation rate climbed to 5.70% in June from 5.49% in May, according to the Kenya National Bureau of Statistics (KNBS). The increase was attributed to rising fuel prices and higher housing costs, which offset a 1.60% decline in food and non-alcoholic drinks prices driven by improved agricultural output from favorable weather conditions.

The Energy and Petroleum Regulatory Authority (EPRA) adjusted fuel prices mid-June, raising petrol by Sh3.07 per litre and diesel by Sh0.39 per litre while reducing kerosene costs by Sh0.34 per litre. These changes followed a 4.54% rise in imported super petrol prices, a 0.52% increase in diesel, and a 0.43% drop in kerosene costs.

Motorists in Nairobi paid Sh115.10 per litre for petrol and Sh104.76 for diesel, while Mombasa recorded lower rates at Sh112.45 and Sh102.13. Kisumu saw the highest prices at Sh116.56 for petrol and Sh106.45 for diesel. A 2016-2019 analysis of consumer savings patterns was cited in related reporting.

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