Consumer Prices Indexes (CPI) and Inflation Rates for the Month of July 2008

Abstract

Kenya National Bureau of Statistics is pleased to release the Consumer Price Indices (CPI) and inflation rates for the month of July 2008, for your information and use. This data is generated through monthly data collection from retail outlets in 13 urban centers in Kenya and is perceived to be representative of the spending behaviour of Kenyan urban households. The prices are collected in the second and third weeks of the month of review in the selected retail outlets. This is in order to maintain consistency in the price variations. The CPI decreased by 1.42 percent from 290.75 points in June 2008 to 286.62 points in July 2008. Month-on-month overall inflation rate decreased from 29.3 percent in June 2008 to 26.5 percent in July 2008. On the other hand, month-on-month underlying inflation rate which excludes food items from the CPI basket increased from 11.2 percent in June 2008 to 12.2 percent in July 2008.