Arab Today, arab today kenya\s overall inflation rises slightly to 721 in january
Last Updated : GMT 01:22:36
Arab Today, arab today
Arab Today, arab today

Kenya\'s overall inflation rises slightly to 7.21% in January

Arab Today, arab today

Arab Today, arab today Kenya\'s overall inflation rises slightly to 7.21% in January

Nairobi - XINHUA

Kenya's overall inflation rate for the month of January rose to 7.21 percent from 7.15 percent in December 2013 due to increases in the prices of housing, water and energy, the statistics bureau said on Friday. The Kenya National Bureau of Statistics said the Consumer Price Index (CPI) computed using the geometric mean approach rose by 1. 08 percent from 143.85 in December 2013 to 145.40 in January. "During the month of January, Food and Non Alcoholic drinks' Index increased by 1.00 percent. The increases in some food prices outweighed falls, resulting in an aggregate rise in the index," the statement said. According to statistics bureau, between December 2013 and January, the Housing Water, Electricity, Gas and Other Fuels index increased by 0.87 percent. "This is mainly attributed to increases in cost of housing rents as well as rises in the prices of common cooking fuels," the bureau said. During the month, a slight increase in forex adjustment charges was recorded and this caused an upsurge in the cost of electricity compared to last month. Transport index increased by 1.95 percent over the review period, mainly due to higher prices of petrol, diesel, parking charges as well as public transport fares. According to the bureau, the Recreation and Culture Index rose during the same period. The bureau attributed the rise in the cost of text books, adding that rises in tuition fees pushed the education index upwards in the review period. The statement comes after the Central Bank of Kenya's Monetary Policy Committee, which reviewed market developments and the outcomes of the previous monetary policy stance for January, noted that overall inflation had continued to decline in December 2013 and remained within the target range. The committee said the exchange rate stability was sustained during the period which reduced the risk of imported inflation. The overall month-on-month inflation declined from 7.36 percent in November 2013 to 7.15 percent in December 2013 showing that credit expansion during the period had not been inflationary. The month-on-month non-food-non-fuel (NFNF) inflation declined from 5.01 percent to 4.71 percent during the month reflecting the impact of the monetary policy stance.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kenya\s overall inflation rises slightly to 721 in january Arab Today, arab today kenya\s overall inflation rises slightly to 721 in january

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kenya\s overall inflation rises slightly to 721 in january Arab Today, arab today kenya\s overall inflation rises slightly to 721 in january

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday