Kenya August inflation dips to 3.2 percent
Kenya’s
year-on-year inflation rate slowed to 3.2 percent in August from 3.6
percent the previous month, helped by a dive in telecoms costs, the
government’s statistics office said on Tuesday.
The communications
index, which makes up 3.82 percent of the basket of goods used to
measure inflation, fell by 23.5 percent when compared with July, and by
24.1 percent when compared with August 2009.
“The communications’ index declined … on account of significant
falls in the cost of airtime in addition to continued decline in the
cost of handsets,” Kenya National Bureau of Statistics said in a
statement.
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