High sugar and fuel prices push July inflation to 4.35pc



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Higher prices for sugar, gasoline, electricity and health put pressure on households in July, pushing the inflation rate to 4.35 % in four months.

Data published Tuesday by the National Bureau of Statistics of Kenya (KNBS) showed that the cost of living measure increased in July by 0.07 percentage points, compared to 4.28% in June.

The rise in the inflation rate persists even as the Central Bank of Kenya expects it to remain in the government band

The cost of access to Health services rose 1.97% in July, an increase of 6.17% over the same period last year. ] The price of one kilogram of sugar increased by 8.56 shillings or 6.66% on average to be retailed at 137,711 Sh.

This period was characterized by increased repression of l & # 39; 39, illegal importation of the product into the country.

At the same time The price of kerosene and gasoline rose, which put pressure on inflation

after the CS Treasure Henry Rotich imposed a right to pay. excise of 10.30 shillings per liter to limit adulteration

. at 86.69 shillings, or 36.4% more than last July

"The index of housing, water, electricity and other fuels has increased by 0.12% in July 2018 compared to 0.52% in June 2018. KNBS Managing Director Zachary Mwangi said in a statement that the price of kerosene, electricity and cooking gas has increased by 0.23% in July. of 2,176.31 shillings, about five per cent more than at the same time last year.

The price of four kilograms of charcoal is slightly reduced by 0.53 percent, but 68.34 percent more expensive from one year to the next.

However, the index of food and non-alcoholics account for 36 percent of the basket used to calculate inflation declined by 2.4 percent, as food products recorded a decline of their prices due to improved weather conditions

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