Consumer Price Index (CPI) is defined as a measure of the weighted aggregate change over time in retail prices paid by consumers for a given basket of goods and services.
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There was a decline in prices in the Housing, Water, Electricity, Gas and other fuels category by 0.8 per cent over the one year. These three divisions together account for over 57 per cent of the total weight across the
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According to the Consumer Price Indices and Inflation Rate for October 2024, Food and Non-Alcoholic Beverages sector saw a 4.3% annual increase,
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The CPI and inflation is generated from data collected through monthly survey of retail prices that targets a representative basket of household consumption goods and services.
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The data collection is conducted in the second and third weeks of the month from a sample of outlets located in 50 data collection zones across the country.
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Data from the Kenya National Bureau of Statistics (KNBS) indicate that the inflation was primarily due to an increase in prices of commodities under Food and Non-alcoholic Beverages (10.3%); and Housing, Water, Electricity, Gas and other fuels (9.4%); and Transport
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