Kenya’s inflation up to 6.68pc in November

Kenya’s inflation up to 6.68pc in November
The Kenya National Bureau of Statistics (KNBS) said in a statement that on a month-on-month basis, the inflation went up by 0.71 percent, compared with Octobers’ 0.62 percent/FILE
The Kenya National Bureau of Statistics (KNBS) said in a statement that on a month-on-month basis, the inflation went up by 0.71 percent, compared with Octobers’ 0.62 percent/FILE
The Kenya National Bureau of Statistics (KNBS) said in a statement that on a month-on-month basis, the inflation went up by 0.71 percent, compared with Octobers’ 0.62 percent/FILE

NAIROBI, Kenya, Nov 30 – Kenya’s inflation has gone up to 6.68 percent in November, from 6.47 percent last month, driven mostly by food prices.

The Kenya National Bureau of Statistics (KNBS) said in a statement that on a month-on-month basis, the inflation went up by 0.71 percent, compared with Octobers’ 0.62 percent.

Food and non-alcoholic drinks’ inflation was 1.17 percent month-on-month while house, water, electricity gas and other fuel index increased by 0.11 percent.

On Monday, the monetary policy committee said that inflation will remain within the government’s target of 2.5 percent to 7.5 percent in the short term.

KENNEDY KANGETHE

Kennedy is a Bachelor of Arts in Communication graduate from St. Paul's University and has been writing for the Capital FM Business Desk since 2013, Besides business news, he enjoys traveling, public speaking and singing