News

September inflation rate rises to 6.91% from 6.57% in August

Inflation rate in September went up 6.91 percent from 6.57 percent in August, according to Kenya National Bureau of Statistics (KNBS)

This was largely driven by rise in prices of commodities under food and non-alcoholic beverages at 10.63 percent and transport at 9.21 percent.

The housing, water, electricity, gas and other fuels’ index increased by 0.91 percent between August 2021 and September 2021.

“This was mainly attributed to increase in prices of kerosene/paraffin, electricity and gas/LPG,” said KNBS.

According to KNBS, there was a slight decrease in house rent during the same period.

This even as transport Index increased by 1.17 percent mainly due to increases in prices of petrol and diesel that went up by 5.91 percent and 7.30 percent, respectively.

Bus fares of city public service vehicles also recorded an increase of 0.64 percent.

Monitor Your Business Transaction

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.

Related Articles

Back to top button