KSH: Prices rose by 3 percent on an annual basis

Analysts expected 3.1 percent inflation in October.

In one month, compared to September, consumer prices rose by an average of 0.2 percent.

Annual core inflation fell from 4.0 percent to 3.8 percent. The annual price increase for the retired consumer basket was 3.4 percent last month after the 3.8 percent in September.

Compared to October last year, food prices rose 6.5 percent after 7.3 percent in September. Within this, the prices of seasonal foods – potatoes, fresh vegetables and fruits – increased by 15.7 percent. (MTI)