Cheap flour cuts inflation to 4.7pc 5-month low

Workers arrange maize flour at Tuskys Supermarket on Kenyatta Avenue, Nairobi. The price of the staple is likely to rise. FILE PHOTO | NMG

What you need to know:

  • January inflation fell from 5.71 per cent a month earlier, offering a relief to consumers who were burdened with education-related costs at the start of the first term.
  • KNBS data shows a kilo of maize grain dropped 40 per cent to Sh35.23 over the past year while a two-kilo packet of maize flour fell by Sh35.68 to Sh87.20 in the review period.
  • Maize flour, Kenya’s staple, is retailing at levels last seen in 2012, on increased maize harvest—which was projected at 46 million bags.

Cheap maize flour helped cut inflation to a five-month low of 4.7 per cent in January when electricity and transport costs increased.

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