Annual inflation slows to 2.7% in November
The annual rate of increase of consumer prices slowed down to 2.7% in November 2020, mostly because of a slowdown in the annual price rises as well as the price decrease of motor fuels, according to data published by the Central Statistical Office (KSH).
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Compared to November 2019, food prices went up by 6.2%, within which the price of seasonal food items became 14.4%, that of other meat preparations 12.6%, edible oil prices 11.5%, the price of flour 10.5%, sugar prices 10.4% and the price of meals at canteens 9.7% higher.
Alcoholic beverages and tobacco became 6.6% more expensive, within which tobacco prices rose by 10.1%. Consumers paid 1.9% more for services and 7.6% less for motor fuels.
CPI down 0.2% compared to October
Consumer prices were cut by 0.2% compared to October.
Food prices were up by 0.1%, within which edible oil cost 4%, eggs 2.6%, rolls 1.6% and seasonal food items 0.9% more, while pork 2.2%, salami, sausages and ham 1.9% and coffee 1.5% less for consumers.
Alcoholic beverages and tobacco prices increased by 0.4% on average, within which tobacco prices by 0.7%. The price of services was reduced by 0.6%, within which – as an effect of public parking being made free – motorway toll and the charges for renting a car and parking went down by 22.9%. Consumers paid 3.2% less for motor fuels.
In January-November 2020, consumer prices were up by 3.4% for all households on average and by 3.9% among pensioner households, compared to the same period of 2019.
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