Rent, food prices fall drives down inflation


[Source: Business Daily, by John Mutua]

A rare drop in rent and fall in selected food prices pulled down inflation rate to its lowest since February when Kenya reviewed the goods used to calculate the cost of living measure.

The Kenya National Bureau of Statistics (KNBS) data shows that inflation rate dropped to 4.36 per cent from 4.59 last month as households enjoyed a fall in the cost of basic commodities.

The data shows that rent prices dropped by 0.52 per cent to…

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