Kenya's inflation slumps down to 6.45 percent in March - Soko Directory

Kenya’s inflation slumps down to 6.45 percent in March

By Soko Directory Team / March 31, 2016

inflation-in-kenya

Kenya’s inflation fell to 6.45 percent year-on-year in March from 6.84 percent in February, according to the Kenya National Bureau of Statistics on Thursday.

The on a monthly basis, inflation was up 0.76 percent from February.

“The CPI increased by 0.7% from 164.67 in Feb to 165.92 in March 2016. Overall inflation rate stood at 6.45%,” Kenya National Bureau of Statistics Tweeted.

Subsequently, according to Trading Economics, Inflation Rate in Kenya averaged 10.55 percent from 2005 until 2016, reaching an all-time high of 31.50 percent in May of 2008 and a record low of 3.18 percent in October of 2010.

IEconomics projects the inflation rate to slump down further to 6.22 Percent in April.

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team

More Articles From This Author

Protecting Your MSME with Co-operative Bank of Kenya

T-Bill

T-Bills Over-subscribed During the Week as Interbank Rate Declines

equities market Secondary

Market Performance Slumps as Equities Turnover Drops 50.3 pc

CBK Announces Ksh 35Bn Tap Sale on the Infrastructure Bond

What Consolidated Banking Means to Kenya’s Banking Sector

Kenyan Stock Market Exhibited a Downward Trend in October top Safaricom Plc Top

Uchumi Supermarket Ends the Week as the Top Gainer of the Day

Telkom Kenya

Telkom Angles for Larger Pie of the Data Market with Enhanced Bundle

Other Related Articles

Government’s Negligible Increase of Maize Prices to KShs. 2500 Not Enough for Farmers

Households to Dig Deeper into Pockets for Wheat Products this Christmas

Tomatoes Average Ksh. 5,627 Countrywide as Kisii Takes the Lead

Local Market Threatened as Buyers Opt for Tanzania’s Cashew Nuts

Supply

Growth on Sugar Imports in October Hit 29 pc Due to High Demand

SOKO DIRECTORY & FINANCIAL GUIDE

Accountants and Auditors

Business Consultants

Clearing and Forwarding

Co-operative Movement

Financial and Tax Consultants

Investment Banks

Retail Industry

Small and Medium Enterprises

ARCHIVES