Kenya experienced a welcome decrease in monthly inflation, which declined by 0.6 percent to reach 5.7 percent last month, attributed to reductions in the prices of several essential commodities.
This positive development marks an improvement from the 6.3 percent inflation rate recorded in January.
The decline in inflation was primarily driven by notable decreases in the prices of key items. Specifically, the cost of 50 kilowatts of electricity decreased by 0.4 percent, while maize flour saw a reduction of 5.1 percent.
Additionally, sugar prices dropped by 5.3 percent, and petrol witnessed a decrease of 3.5 percent. Other products that experienced price reductions include diesel (2.6 percent), kerosene (2.3 percent), and wheat flour (4.8 percent).
The alleviation of inflationary pressures comes as a relief for many Kenyans who have been grappling with the high cost of living amid challenges to their purchasing power.
However, some products bucked the downward trend, with onions, potatoes, mangoes, cooking gas, beef, and tomatoes experiencing price increases of 11.1 percent, 7.7 percent, 8 percent, 2.4 percent, 0.6 percent, and 1.8 percent, respectively.
