February inflation reduces marginally by 0.94%

By Nicholas Nduati

This month’s rate of Inflation has reduced marginally by 0.94 percent supported by an ease in the prices of fuel and key food items.

The rate of inflation has reduced from 7.78 percent to stand at 6.84 percent

Different from last month when house rent went up, this month there has been a 1.81 percent decrease in housing, water, electricity, gas and other fuels.

The Kenya National Bureau of Statistics attributes this decline to a decrease in the prices of kerosene and cooking gas.

Kenyans however continue paying high for alcoholic beverages, tobacco and narcotics due to the higher excise duty levied on these commodities.

  

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