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

Abstract

The Kenya National Bureau of Statistics is pleased to release the Consumer Price Indices (CPI) and inflation rates for the month of January 2008, for your information and use. This data is generated through monthly data collection from retail outlets in 13 urban centres in Kenya. The data is perceived to be representative of the spending behaviour of Kenyan urban households. The price data is collected in the second and third week 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 8.8 per cent from 239.81 points in December 2007 to 260.94 points in January 2008. Month-on-month overall inflation rate accelerated from 12.0 per cent in December 2007 to 18.2 per cent in January 2008. On the other hand, month-on-month underlying inflation rate which excludes food items from the CPI basket accelerated from 5.9 per cent in December 2007 to 7.6 per cent in January 2008.