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Inflation rises across East Africa

Consumers in East Africa will have to dig deeper into their pockets as they head for the holiday season, thanks to a rise in the cost of living. PHOTO | FILE | NATION MEDIA GROUP In Tanzania, inflation rose to 3.8 per cent in November, from 3.6 per cent in October.

In Kenya, inflation stood at 5.56 per cent in November, up from 4.95 per cent in October.

In Uganda, the annual headline inflation for the year ending November 2019 rose by three per cent from 2.5 per cent in the year ended October 2019.

Rwanda recorded a 6.9 per cent inflation in November, up from 4.4 per cent in October.

Consumers in the region will have to dig deeper into their pockets as they head for the holiday season, thanks to a rise in the cost of living.

In Tanzania, inflation rose to 3.8 per cent in November, from 3.6 per cent in October data from the National Bureau of Statistics shows.

NBS attributed this to a rise in the prices of foodstuff including rice, cassava flour, meat, beans and vegetables, and non-food products.

The inflation rate for food consumed at home and away for November rose to 6.7 per cent from 6.0 per cent, while the consumer price index rose by 0.5 per cent.

In Kenya, inflation stood at 5.56 per cent in November, up from 4.95 per cent in October, due to a rise in the cost of some foodstuff, the Kenya National Bureau of Statistics said. The consumer price index rose to 202.94 in November from 202.12 in October. The food and non-alcoholic drinks Index rose by 0.62 per cent due to a growth in prices of some foodstuffs outweighing the drop in others. Equally, housing, water, electricity, gas and other fuels index rose by 0.29 per cent.

In Uganda, the annual headline inflation for the year ending November 2019 rose by three per cent from 2.5 per cent in the year ended October 2019. The Uganda Bureau of Statistics attributed it to a rise in the annual core inflation to 2.9 per cent from 2.6 per cent over the same period. Equally, the annual energy, fuels and utilities inflation rose to 7.4 per cent from 5.1 per cent. UBoS attributed the rise in core inflation to a rise in goods inflation to 3.8 per cent from 3.4 per cent.

Rwanda recorded a 6.9 per cent inflation in November, up from […]

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