Consumer Price Indices & Inflation Rates for 2021 by KNBS
Jan 2021 CPIFeb 2021 - CPIMarch 2021 - CPI
Time to review the Price Control on Fuel?
According to the Kenya Integrated Household Budget Survey (KIHBS) 2015/16, 36.1 per cent of Kenyans are living on less than Kshs. 1,900 per month for rural areas and less than Kshs. 2,700 per month for urban areas. This has likely worsened based on the findings of the Survey on Socio-Economic Impact of COVID-19 on Households Report conducted by the Kenya National Bureau of Statistics (KNBS) earlier this year which revealed that there was generally a decrease in the number of hours worked across sectors attributable to COVID-19 lockdown measures. While the recently rising global oil prices are a factor, policy options adopted by the government in the last 3 months (June-August) have equally exacerbated the effects of increments in pump prices on the pockets of the Mwananchi. It is unconscionable that…