Nairobi, Kenya – The year-on-year inflation rate in Kenya, as measured by the Consumer Price Index (CPI), declined to 3.6% in September 2024. This marks a decrease from the previous month's rate of 4.4%.&nbsp;The primary drivers of the lower inflation rate were a slowdown in price increases for food and non-alcoholic beverages, housing, and transportation. While prices for some items like oranges and potatoes rose, others like sugar and wheat flour experienced price decreases.&nbsp;The overall CPI increased slightly from 139.87 in August to 140.13 in September, resulting in a monthly inflation rate of 0.2%.&nbsp;The Kenyan government has attributed the easing inflation to a stable exchange rate, which has helped to mitigate inflationary pressures.&nbsp;How Inflation Affects Your Money:&nbsp;<a style="background-color:transparent;color:rgb(17, 85, 204);" target="_blank" rel="noopener noreferrer" href="https://www.yuthufu.com/">Yuthufu.com</a>&nbsp;Curious how much your Kenyan Shilling has changed in value? See what 1 KES from 1963 could buy today using our inflation calculator available at <a style="background-color:transparent;color:rgb(17, 85, 204);" target="_blank" rel="noopener noreferrer" href="https://www.yuthufu.com/">yuthufu.com</a>&nbsp;Notes &amp; References:<a style="background-color:transparent;color:rgb(0, 0, 0);" target="_blank" rel="noopener noreferrer" href="https://www.knbs.or.ke/reports/consumer-price-indices-and-inflation-rates-september-2024/">https://www.knbs.or.ke/reports/consumer-price-indices-and-inflation-rates-september-2024/</a>&nbsp;

Nairobi, Kenya – The year-on-year inflation rate in Kenya, as measured by the Consumer Price Index (CPI), declined to 3.6% in September 2024. This marks a decrease from the previous month's rate of 4.4%. The primary drivers of the lower inflation rate were a slowdown in price increases for food and non-alcoholic beverages, housing, and transportation. While prices for some items like oranges and potatoes rose, others like sugar and wheat flour experienced price decreases. The overall CPI increased slightly from 139.87 in August to 140.13 in September, resulting in a monthly inflation rate of 0.2%. The Kenyan government has attributed the easing inflation to a stable exchange rate, which has helped to mitigate inflationary pressures. How Inflation Affects Your Money: Yuthufu.com Curious how much your Kenyan Shilling has changed in value? See what 1 KES from 1963 could buy today using our inflation calculator available at yuthufu.com Notes & References:https://www.knbs.or.ke/reports/consumer-price-indices-and-inflation-rates-september-2024/

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Consumer Price Indices And Inflation Rates For September 2024

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