Households hit as February inflation rises to 5.78%

In Summary

• Inflation, a measure of the rate of rising prices of goods and services in an economy, was recorded at a lower rate of 5.69 per cent in January.

•The Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households, increased by 0.63 per cent from 112.5 in January to 113.3.

A display of tomatoes at Kangemi Market
A display of tomatoes at Kangemi Market
Image: FILE

Kenyans dug deeper into their pockets to meet the cost of living in February as year-on-year inflation rose to 5.78 per cent.

Inflation, a measure of the rate of rising prices of goods and services in an economy, was recorded at a lower rate of 5.69 per cent in January.

The Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households, increased by 0.63 per cent from 112.5 in January to 113.3.

According to the Kenya National Bureau of Statistics (KNBS), the higher cost of living was driven by month-on-month food and non-alcoholic drinks index, which increased by 1 per cent between January and February.

"The food inflation was attributed to increase in prices of some food items which outweighed the decrease in prices of other other food stuffs," a statement by KNBS on Saturday said.

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