[LIST]13 Items Whose Prices Dropped In June Despite Anti-Finance Bill Protests

[LIST]13 Items Whose Prices Dropped In June Despite Anti-Finance Bill Protests

The Kenya National Bureau of Statistics (KNBS) announced on Saturday a significant decrease in the prices of thirteen essential commodities.

In its most recent survey, KNBS revealed that prices for commodities such as gasoline, cooking gas, and most food items had fallen in June compared to May.

Wheat flour, onions, sugar, maize flour, oranges, kerosene, and diesel are among the other commodities that have seen price drops.

According to KNBS, the reduction in the aforementioned commodities contributed to the country’s inflation rate falling from 5.0 percent to 4.6 percent.

According to the survey, the inflation rate dropped from 7.9% to 5.0 last month before falling further to the current level of 4.6% over the last year.

“The overall year-on-year (annual) inflation rate as measured by the Consumer Price Index (CPI) was 4.6 percent, in June 2024, with a monthly inflation rate of 0.4 percent,” read part KNBS report.

Kenya's year-on-year #CPI and #Inflation for June, 2024 is 4.6% @Planning_Ke @KeTreasury @CBKKenya @KRACare @KenyaGovernors @HousingUrbanKE @EnergyMinK @TransportKE @FKEKenya @KAM_Kenya @COTU_K @KIPPRAKENYA @jumuiya https://t.co/AIxuCPupLy pic.twitter.com/AJSIbJfQyA

— KNBStats (@KNBStats) June 29, 2024

However, in its report, KNBS also announced a price increase for seven critical commodities, including electricity and vegetables such as kale, spinach, and cabbage.

Most commodity prices were expected to rise in the aftermath of the recent anti-government protests, which halted business across the country.

The violent protests resulted in deaths, injuries, and property damage totaling millions of shillings.

Meanwhile, in its May 2024 survey, KNBS announced price increases for a number of commodities, including electricity, cereals, and vegetables.

Other commodities that saw price increases in the previous month included beef, white rice, and monthly house rent expenses.

The rise in the prices of the aforementioned commodities was attributed by KNBS to a slight increase in the rate of inflation between April and May, from 5.0 percent to 5.1%.

[LIST]13 Items Whose Prices Dropped In June Despite Anti-Finance Bill Protests