Kurzweil
JF-Expert Member
- May 25, 2011
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Inaelezwa kuwa mfumuko wa bei umeongezeka kwa 6.58%, rekodi inayotajwa kukaribia ile ya mwaka 2017 ambapo mfumuko ulikuwa kwa 7.06%
Kupanda huku kunatajwa kuwa kumechochewa na kupanda kwa bei za chakula, umeme na mafuta
Kuchelewa kwa mvua nako kumeelezwa kuwa ni kichocheo cha kupanda kwa bei za vyakula kwasababu ya watu kuhofia huenda nchi hiyo ikakumbwa na njaa
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NAIROBI, April 30 (Reuters) - Kenya’s inflation shot up in April to its highest level since September 2017 due to rising food, electricity and fuel prices, the statistics office said on Tuesday.
Inflation was 6.58 percent year-on-year in April from 4.35 percent a month earlier, the Kenya National Bureau of Statistics said.
On a month-on-month basis, inflation was 3.51 percent, up from 1.60 percent in March.
The last time inflation was near this levels was in September 2017, when it stood at 7.06 percent year-on-year.
The food and non-alcoholic index rose 6.86 percent month-on-month in April from 3.30 percent the previous month, the bureau said. The index carries a 36.04 percent weight in the basket of goods used to measure inflation.
Kenya’s long rainy season from March till May started late in most of the country, hurting food and other agricultural production. Agriculture accounts for close to a third of Kenya’s annual economic output.
The government’s preferred band for inflation is between 2.5 and 7.5 percent in the medium term.
“While we were expecting food and fuel prices to be a source of pressure on inflation, the magnitude of the rise has taken us by surprise,” Razia Khan, the head of research for Africa at Standard Chartered Bank in London, said.
The Housing, Water, Electricity, Gas and other Fuels Index was up 0.93 percent month-on-month and 5.78 percent year-on-year, the statistics office said.
The World Bank trimmed its forecast for Kenya’s economic growth in 2019 to 5.7 percent this month from an earlier forecast of 5.8 percent because of the delay to the rainy season.
President Uhuru Kenyatta however said this month the government expected the economy to grow by 6.3 percent in 2019. (Reporting by George Obulutsa Editing by Andrew Heavens)
Kupanda huku kunatajwa kuwa kumechochewa na kupanda kwa bei za chakula, umeme na mafuta
Kuchelewa kwa mvua nako kumeelezwa kuwa ni kichocheo cha kupanda kwa bei za vyakula kwasababu ya watu kuhofia huenda nchi hiyo ikakumbwa na njaa
=======
NAIROBI, April 30 (Reuters) - Kenya’s inflation shot up in April to its highest level since September 2017 due to rising food, electricity and fuel prices, the statistics office said on Tuesday.
Inflation was 6.58 percent year-on-year in April from 4.35 percent a month earlier, the Kenya National Bureau of Statistics said.
On a month-on-month basis, inflation was 3.51 percent, up from 1.60 percent in March.
The last time inflation was near this levels was in September 2017, when it stood at 7.06 percent year-on-year.
The food and non-alcoholic index rose 6.86 percent month-on-month in April from 3.30 percent the previous month, the bureau said. The index carries a 36.04 percent weight in the basket of goods used to measure inflation.
Kenya’s long rainy season from March till May started late in most of the country, hurting food and other agricultural production. Agriculture accounts for close to a third of Kenya’s annual economic output.
The government’s preferred band for inflation is between 2.5 and 7.5 percent in the medium term.
“While we were expecting food and fuel prices to be a source of pressure on inflation, the magnitude of the rise has taken us by surprise,” Razia Khan, the head of research for Africa at Standard Chartered Bank in London, said.
The Housing, Water, Electricity, Gas and other Fuels Index was up 0.93 percent month-on-month and 5.78 percent year-on-year, the statistics office said.
The World Bank trimmed its forecast for Kenya’s economic growth in 2019 to 5.7 percent this month from an earlier forecast of 5.8 percent because of the delay to the rainy season.
President Uhuru Kenyatta however said this month the government expected the economy to grow by 6.3 percent in 2019. (Reporting by George Obulutsa Editing by Andrew Heavens)