Friday, November 22, 2024

Cost of living drops in December as price of cooking gas falls

Cost of living drops in December as price of cooking gas falls

Cost of living fell to 6.35 per cent in December from 6.68 per cent in November. This followed a drop in the cost of cooking gas.

However, during the month, food, fuel and electricity prices continued to increase.

According to Kenya National Bureau of Statistics (KNBS) data, refilling a 13-kilogramme gas cylinder costs an average of Sh. 1,983 in December, down from Sh. 1,987 a month earlier and Sh. 2,369 in December last year – representing savings of Sh. 386 for homes over the past one year.

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“Between November and December, food and non-alcoholic drinks’ index increased by 1.31 per cent. This was attributed to increase in prices of several food items which outweighed the decreases of others,” the KNBS said.

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