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Inflation continues downward trend

01 March 2012, 08:42

Nairobi -  According to Capital News, inflation in Kenya continues to ease with the latest statistics from the Kenya National Bureau of Statistics (KNBS) showing that February rates declined by 1.62 percent to Sh16.69 percent.

The food and non alcoholic index fell by 0.3 percent between January and February as a drop in foodstuffs such as sugar, maize flour and rice offset an increase in products such as sukuma wiki, cabbages, potatoes, and milk.

As a reflection of the marginal decline in fuel prices during the period under review, there was a commensurate drop in bus and taxi fares leading to the 0.91 percent slump in the transport index.

- For more visit Capital News

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Uchumi posts KES 3.2 billion loss

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