Kenya’s inflation rose to 6.39 percent year-on-year in July from 5.80 percent the previous month representing the highest figure since March 2016,the rise was driven by higher food prices.
Prices of food and non-alcoholic beverages surged 10.8 percent against 8.9 percent posted in June, housing, water, electricity, gas and other fuels rose 0.9 percent (+1.8 percent) and transport prices were up by 0.8 percent (+0.6 percent). In addition, cost increased for clothing and footwear (+3.5 percent from +3.6 percent); furnishings and household equipment (+3.5 percent from +3.8 percent) and hotels and restaurants (+5.1 percent from +5.5 percent).
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The Kenya National Bureau of statistics said the transport index went up 1.13 percent in July on the back of the increases in the prices of petrol and diesel. On a monthly basis, consumer prices increased by 0.6 percent following a 1 percent rise in the previous month.
