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Inflation drops

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Consumers and businesses are heaving a sigh of relief as a general decline in consumer prices pushed inflation to a six month low in February 2019. Data from the Kenya National Bureau of Statistics shows inflation stood at 4.1 percent in February 2019, marking a decline from the 4.7 percent reported in the preceding month. The favorable price level has been driven primarily by declining food prices. The largest decline was reported in the price of a kilogram of maize grain which averaged 35 shillings in February 2019, posting a 40 percent decline compared to the same period in 2018. Follow @ntvkenya on Twitter. Like our page on Facebook: NTV Kenya. Follow and Double tap on Instagram: NTV Kenya Join Our Telegram channel: www.telegram.me/NTVNewsRush
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