Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Erroneous power bill casts doubt on January inflation data
Kenya National Bureau of Statistics director-general Zachary Mwangi. PHOTO | DIANA NGILA
The credibility of inflation numbers has been thrown into doubt after statistics agency used erroneous electricity cost data to measure the cost of living measure in January.
The Kenya National Bureau of Statistics (KNBS) data indicated that inflation jumped to an 11-month high of 6.99 per cent in January based on information showing the cost of electricity had increased despite Kenya Power indicating utility costs remained unchanged from December.