This archive report was first published on 31 October 2019.
Kenya's inflation rate surged to a two-month high of 4.95 percent in October, driven by a shortage of maize grain and other food commodities.
According to the Kenya Bureau of Statistics, the food and non-alcoholic drinks index rose by 0.48 points in October, with prices of maize-grain loose, maize flour-sifted, and tomatoes increasing by 5.82, 4.58 percent, and 4.44 percent respectively.
The inflation rate, which had fallen to a record low of 3.83 percent in September, has now risen above the government's target range of 2.5 to 7.5 percent.
However, the Central Bank of Kenya's open market operations and downward revision of fuel prices have helped to contain inflationary pressures.
The impending harvest season is expected to bring relief to consumers, who have seen the price of a two-kilogram packet of sifted flour rise above Ksh.130 in recent days.
Published on October 31, 2019 by Citizen TV.
