Inflation eases to nearly 12-year low as food, energy costs drop

Sugar

An attendant arranges sugar on shelves at Bidii Supermarket in Elburgon Town, Nakuru County on September 9, 2023.

Photo credit: John Njoroge | Nation Media Group

Kenya’s consumer prices in September grew at the slowest rate in nearly 12 years, the statistics agency announced on Wednesday, citing easing pressure on food, energy and transportation costs.

Inflation — a measure of the year-on-year increase in cost of goods and services over the year — fell to 3.6 percent from 4.4 percent in August, according to Kenya National Bureau of Statistics (KNBS).

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