November Inflation Dips To 5.80 Percent

The overall year-on-year inflation rate as measured by the Consumer Price Index (CPI) was 5.80 percent, in November 2021 according to the stats by the Kenya National Bureau of Statistics (KNBS).

During the month, there was an increase in food and non-alcoholic beverages by 9.92 percent; transport by 8.14 percent, and housing, water, electricity, gas, and other fuels by 6.24 percent between November 2020 and November 2021.

The overall CPI increased by 0.45 percent from 116.674 in October 2021 to 117.203 in November 2021. The month-to-month Food and Non-Alcoholic Drinks’ Index increased by 0.91 percent between October 2021 and November
2021.

Relative to October 2021, prices of sugar, cooking oil, and potatoes (Irish) increased by 11.94, 5.74, and 3.34 percent, respectively.

On the other hand, prices of tomatoes, kales (sukuma wiki), and carrots decreased by 4.00, 1.00, and 0.97 percent, respectively.

However, food prices in November 2021 were relatively high compared with foods prices recorded in November 2020.

The Housing, Water, Electricity, Gas, and Other Fuels’ Index, increased by 0.49 percent between October 2021 and November 2021.

This was mainly attributed to increases in prices of cooking gas (LPG) and house rent for single rooms that went up by 3.88 percent and 0.53 percent, respectively as indicated in Table 3.

During the same period, prices of electricity (50 kilowatts) and electricity (200 kilowatts) decreased by 0.39 percent and 0.29 percent, respectively.

There was a notable decrease in bus fares of country public service vehicles.