Inflation in April 2021 remained stable within the medium-term target band set by the Central Bank of Kenya (CBK), declining marginally to 5.8% from 5.9% in March, driven by lower food inflation and a freeze on fuel price hikes.
The prices of tomatoes, cabbages and potatoes increased by 8.50%, 5.68% and 3.85%, respectively.
On the other hand, prices of Sugar and oranges decreased by 0.56% and 0.06%, respectively. The year on year food inflation rose by 6.42% cent between April 2020 and April 2021.
A kilogram of Sugar was retailing at KSh 113.98 in most surveyed outlets compared to KSh 114.18 in March 2021.
Kenyans paid more for charcoal and house rent for a one-bedroom unit, which was up by 1.83% and 0.05%, respectively.
The revision to fuel prices announced in mid-April were cancelled, providing a benefit to the transport index, which has had a significant impact on April inflation numbers.
INFLATION TRACKER
Figures from the Kenya National Bureau of Statistics (KNBS) show that the monthly cost of living inflation for January was 5.69%, February 5.78%, March 5.90%, and April 5.76%.
The month-to-month Food and Non-Alcoholic Drinks Index increased by 1.73% between March 2021 and April 2021. These food prices were mainly attributed to an increase in the prices of some food items, which outweighed the decrease in prices of other foodstuffs.
The Housing, Water, Electricity, Gas and Other Fuels’ Index increased by 0.38% between March 2021 and April 2021.
These numbers are generated from data collected through monthly surveys of retail prices that target a representative basket of household consumption goods and services.
The data collection is conducted in the second and third weeks of the month from a sample of retail outlets located in 50 data collection zones across Kenya.
READ; Kenya’s Inflation Rises to Ten-Month High
