The CPI and inflation rates are generated from data collected through monthly surveys of retail prices that target a representative basket of household consumption goods and services.
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According to the report, the year-on-year (YoY) inflation in the construction industry increased by 4.16 per cent from an increase of 7.10 per cent recorded in a similar period in 2022.
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The 2023 Gross County Product (GCP) report seeks to update the size of counties’ economies building on the previous series contained in previous GCP publications.
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Prices of commodities under Transport; Food and Non-alcoholic Beverages; and Housing, Water, Electricity, Gas and other fuels, increased by 13.0, 7.9 and 6.3 per cent, respectively, between September 2022 and September 2023.
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Data from the Kenya National Bureau of Standards (KNBS) indicate that During the reference month, all sectors continued to record a general increase in prices.
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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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The month-to-month Food and Non-Alcoholic Beverages Index increased marginally between March 2023 and April 2023.
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