November inflation down 5.8% from 6.45% in October

The cost of living in November eased significantly to a seven-month low when the inflation rate dropped to 5.80 percent against the October rate which stood at 6.6.45 percent.

This signals a low cost of living in the country due to the recently witnessed state mitigation to lower higher costs of energy and food.

For example, the prices of tomatoes, Sukuma Wiki and carrots decreased by 4.00, 1.00 and 0.97 percent, respectively.

The contraction has been attributed to fall in transport costs which were down by 0.16 percent.

The housing, water, electricity, gas, however, increased by 0.49 percent between October 2021 and November 2021 on increased prices of cooking gas and house rent for single rooms that went up by 3.88 percent and 0.53 percent, respectively.

This is the lowest rate of inflation or the cost of living in Kenya since April this year when the inflation rate stood at 5.76 percent.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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