KSH: here are the foods that experienced the most significant inflation in one year

By: Trademagazin Date: 2022. 09. 08. 15:18

In August, consumer prices exceeded a year earlier by an average of 15.6 percent, and increased by 1.8 percent in one month, the Central Statistical Office (KSH) reported on Thursday.

Now the recorder is margarine, not edible oil

Analysts expected August inflation of 15.7 percent. In the past year, the prices of food and durable consumer goods rose the most, by 30.9 and 14.8 percent, respectively. The annual core inflation was 19.0 percent, and the consumer price increase calculated for the pensioners’ basket was 15.7 percent in August, announced the KSH.

The average increase in consumer prices was 1.9, and core inflation accelerated by 2.3 percentage points from July’s 13.7 and 16.7 percent, respectively.
Food prices increased by 3.3 percent in August, and the annual increase of 30.9 percent is 3.9 percentage points faster than in July.

Here is the shocking list:

margarine (66.9%),
bread (64.3%),
cheese (61.0%),
dry pasta (57.9%),
dairy products (54.7%),
butter and butter cream (54.5%),
pastries (45.4%),
eggs (42.0%),
rice (40.9%),
the poultry meat and
confectionery flour (40.4%) rose in price.

The price of seasonal foods (potatoes, fresh vegetables, fruit) increased by 15.9% below average. Chocolate and cocoa went up by 17.1%, sugar by 9.3%, and cooking oil by 5.0%.

Alcoholic beverages and tobacco products rose in price by an average of 13.1 percent, of which alcoholic beverages by 15.5 percent. The price of pet food increased by 40.3 percent, bottled gas by 27.4 percent, home repair and maintenance items by 26.7 percent, personal care items by 20.3 percent, and vehicle fuel by 6.2 percent, according to the KSH report.

KSH