Business News
Analysts: Inflation to fall below 20 p.c.
Experts expect the rate to fall to below 20 per cent in the year, but on condition of a continued fall in food and fuel prices. Photo/FILE
By WACHIRA KANG'ARU
Posted Tuesday, January 6 2009 at 14:01
Posted Tuesday, January 6 2009 at 14:01
In December 2008, inflation for the recreation and education category, and the personal goods and services category declined from 7.1 per cent and 10.3 per cent, respectively, in November 2008 to 7 per cent and 9.9 per cent in December 2008.
And while that of clothing and footwear category increased from six per cent in November 2008, it remained at single digit level, at 6.1 per cent in December 2008.
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