February inflation eases to 23-month low

GoldFoodPricinga

Fresh tomatoes on sale at Githurai market. FILE PHOTO | NMG

Inflation dropped to a 23-month low of 6.3 percent in February following a decline in prices of major staples easing the pressure on the majority of low-income households, the latest data from the Kenya National Bureau of Statistics (KNBS) shows.

Consumer prices over the 12 months to January, or inflation, had increased at a rate of 6.9 percent as households spent more on school fees after the December holidays.

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Note: The results are not exact but very close to the actual.