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    Khusoko – East African Markets
    MARKETS

    Kenya’s April Inflation Skyrockets to 6.58pc on Food, Fuel Costs

    KhusokoBy Khusoko2019-04-30Updated:2019-04-30No Comments1 Min Read
    The agricultural, cereal, and export price indices closed 3 percent, 2 percent, and 2 percent lower, respectively according to FAO in March 2023.
    Cereals on display

    Kenya’s inflation in April soared to 6.58% in April attributed to increasing food prices by the statistics body.

    “Sifted maize flour, kales, potatoes, loose maize grains and flour and tomatoes recorded increases of 29.82, 25.30, 19.2726.1415.90 and 15.31 respectively, in April compared to March 2019,’’ said the Kenya National Bureau of Statistics (KNBS) on Tuesday.

    “These six items alone account for 6.25% of the CPI weight. However, prices of sugar and some other food items were observed to be lower in April 2019 than in March 2019,” it added.

    This is a 2.13% rise compared to 4.35% reported in March.

    inflation
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    Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

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