High food prices push Kenya’s inflation to 7.1% in May
Inflation in Kenya for the month of May jumped to 7.1 percent from 6.4 percent in April pointing out the high cost of living among Kenyans.
In a report by the Kenya National Bureau of Statistics (KNBS), the 7.1 percent inflation was due to the high cost of food and fuel.
“The rise in inflation was mainly due to increase in prices of commodities under; food and non-alcoholic beverages (12.4 percent); furnishings, household equipment and routine household maintenance (7.9 percent); transport (6.4 percent) and housing, water, electricity, gas and other fuels (6.0 percent),” KNBS said.
According to KEBS, a 2kg packet of maize flour went up by 6.9 percent to sell at Ksh.147.57 in May, a litre of cooking oil was up 5.3 percent to Ksh.370.71, while a 500ml packet of milk sold at Ksh.57.30, up 3.7 percent.
An increase in fuel prices also saw transport fares shoot up in the month of May.