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

Abstract

The Kenya National Bureau of Statistics is pleased to release the Consumer Price Indices (CPI) and inflation rates for the month of March 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 price variations.

Consumer Price Index (CPI) increased by 3.07 per cent from 266.37 points in February 2008 to 274.55 points in March 2008. Month-on-month overall inflation rate increased from 19.1 per cent in February 2008 to 21.8 per cent in March 2008. On the other hand, month-on-month underlying inflation rate which excludes food items from the CPI basket also increased from 9.3 percent in February 2008 to 9.8 per cent in March 2008.