The overall rate of inflation declined to 5.7 percent in December, from 5.8 percent in November, due to easing food prices.
Food inflation declined to 9.1 percent from 9.9 percent in November.
Fuel inflation stood at 10.5 percent compared to 10.4 percent in November, as a result of stable pump prices.
Non-food non-fuel inflation increased marginally to 2.0 percent from 1.9 percent, reflecting economic recovery
GDP Growth
Recent Kenya National Bureau of Statistics (KNBS) data confirm the continuation of strong performance in the third quarter of 2021, growing by 9.9 percent compared to a contraction of 2.1 percent in the third quarter of 2020.
The strong performance was supported by continued recovery in manufacturing, construction, transport and storage, education, accommodation and food services, and wholesale and retail trade.
The agricultural sector declined marginally compared to 2020 on account of record performance in 2020 and unfavorable weather conditions. At the same time, KNBS revised GDP data for the first and second quarters of 2021 to 2.0 percent and 11.9 percent, respectively.
Taken together, the economy expanded in the first three quarters of 2021 by 7.8 percent compared to a contraction of 0.8 percent in a similar period of 2020.
This was supported by easing of COVID-19 restrictions and government interventions.
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