Kenya's overall inflation rises in November
Xinhua, December 1, 2016 Adjust font size:
Kenya's overall monthly inflation rose to 6.68 percent in November from 6.47 percent in October, driven by an increase in the cost of food and non-alcoholic drinks, the statistics bureau said Wednesday.
The Kenya National Bureau of Statistics said the Consumer Price Index (CPI) increased by 0.71 percent from 172.62 in October to 173.85 in November.
"Between October and November, Food and Non-Alcoholic Drinks' Index increased by 1.17 percent. This was attributed to increase in prices of several food items which outweighed the decreases of others. The year-on-year food inflation stood at 11.13 percent in November," the bureau said in a statement.
Over the same review period, the index of housing, water, electricity, gas and other fuels increased by 0.11 percent.
"This was partly due to increases in house rents and kerosene which outweighed notable falls in the cost of cooking gas," it said.
"The transport index increased by 0.55 per cent in November compared to October mainly due to increases in the pump prices of petrol and diesel," it added.
Analysts say the increase in inflation could be partly attributed to heavy rains pounding most parts of the country, which are hampering transportation of food even as crops are destroyed in the farms. Endit