High food prices drive up November inflation - News Summed Up

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High food prices drive up November inflation


The cost of living measure hit a four-month high in November driven by higher food prices. During the review period, the cost of green grams, beans, and charcoal also registered increases of 27.6, 14.1 and seven per cent respectively. “Between October and November 2019, Food and Non-Alcoholic Drinks Index increased by 0.62 per cent,” Mwangi said. This superseded price drops of some food items including sugar, kale (sukuma wiki) and potatoes, which saw an 18.2, 16.4 and 8.3 per cent decline in prices over the review period. Although year-on-year fuel prices dropped, Mwangi said the Transport Index increased by 0.29 percentage points driven by a month-on-month price hike.


Source: The Star November 30, 2019 00:56 UTC



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