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Kenya’s Inflation Declines to 6.45%  in October Backed by Lower Fuel Prices

The inflation rate in Kenya, which measures the cost of living, slowed modestly to 6.45% in the month of October from 6.91% in September, the highest inflation rate in 19 months. Kenyans paid more for food and non-alcoholic beverages at 1.11%; housing, water, electricity, gas and other fuels; while paying less for transport due to a drop in fuel prices at the pump. The Consumer Price Index (CPI) increased by 0.51 per cent to 116.674...

Market Report; 29 June 2021

At the end of today’s trading session on the Nairobi Securities Exchange A total of 16,397,500 shares in 1,153 deals, corresponding to a market value of KES 428,421,114.00, were traded. Compared with the previous NSE trading day (Monday, June 28), today’s data shows 12% decline in volume, 32% decline in turnover, but 12% improvement in deals. The current market capitalization of the Nairobi Securities Exchange is KES 2.61 trillion. In the aggregate, 46 NSE listed...

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