This archive report was first published on 2 October 2019.
Published on October 2, 2019, Kenya's inflation rate fell to 3.83 percent in September, marking the slowest pace of consumer price growth in 17 months.
The overall Consumer Price Index (CPI) came down by 0.11 percent, with cooling food prices holding off further price increments.
The food and non-alcoholic beverages index, which carries a weighted 36 percent impact on overall inflation, fell by 0.4 percent as the price of essentials like maize grain and potatoes eased further across September.
The inflation cooldown was also anchored on a marginal upturn in petroleum products, with kerosene prices falling by an average 3.2 percent in September.
However, volatility in the international crude market remains a concern due to ongoing tensions in the oil-rich Gulf region.
The price of Murban crude oil per barrel peaked at over Ksh. 7,267 ($70) in mid-September following twin attacks on Saudi Arabia's key petroleum installations.
