“We expect inflation to average 13.6 per cent in 2011" as per this article
==For the economic cartels who have already made their millions and put into real estate and driven up the prices, stashed away in Euro/USA banks or otherwise, the final bill and costs are picked up by Kenyans whether rich or poor. == The cost of living is expected to touch a new high at the end of the month with the adjustment of official data to reflect the impact of the weak shilling on prices of consumer goods. Thursday’s release of inflation figures promises to offer the much awaited reality check as to how the shilling, under siege most of the month, has impacted on inflation which has been on the rise since February and crossed the double-digit mark two months ago. “We expect inflation to average 13.6 per cent in 2011, with further increases probable before it peaks and starts to decline again,” said Razia Khan, a London-based economist with Standard Chartered. The National Economic and Social Council (NESC) met in Naivasha at the weekend with the twin threats of inflationary pressure and the shilling’s crash weighing heavily on the participants’ minds. The Kenyan currency has plummeted from a high of Sh83 to the dollar in March to Sh91 to the greenback last week, representing nominally the lowest level in the currency’s history. Kenya National Bureau of Statistics estimates that 87.9 per cent of Kenya’s inflation is driven by the surge in food, oil and housing prices that feed on each other to worsen the cost of living. http://www.businessdailyafrica.com/Corporate+News/Consumers+hit+by+new+wave+... -- The EL_Diablo is a metaphor...
Tunahama Tanzania On Mon, Jun 27, 2011 at 8:39 AM, aki <aki275@gmail.com> wrote:
==For the economic cartels who have already made their millions and put into real estate and driven up the prices, stashed away in Euro/USA banks or otherwise, the final bill and costs are picked up by Kenyans whether rich or poor. ==
The cost of living is expected to touch a new high at the end of the month with the adjustment of official data to reflect the impact of the weak shilling on prices of consumer goods. Thursday’s release of inflation figures promises to offer the much awaited reality check as to how the shilling, under siege most of the month, has impacted on inflation which has been on the rise since February and crossed the double-digit mark two months ago.
“We expect inflation to average 13.6 per cent in 2011, with further increases probable before it peaks and starts to decline again,” said Razia Khan, a London-based economist with Standard Chartered. The National Economic and Social Council (NESC) met in Naivasha at the weekend with the twin threats of inflationary pressure and the shilling’s crash weighing heavily on the participants’ minds.
The Kenyan currency has plummeted from a high of Sh83 to the dollar in March to Sh91 to the greenback last week, representing nominally the lowest level in the currency’s history. Kenya National Bureau of Statistics estimates that 87.9 per cent of Kenya’s inflation is driven by the surge in food, oil and housing prices that feed on each other to worsen the cost of living.
http://www.businessdailyafrica.com/Corporate+News/Consumers+hit+by+new+wave+...
-- The EL_Diablo is a metaphor...
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Mimi Sibanduki tutairudisha hadi -5 tukiwa mumu humu ;-) bidii kwetu. On Mon, Jun 27, 2011 at 9:02 AM, Paul Kevin <paultitude@gmail.com> wrote:
Tunahama Tanzania
On Mon, Jun 27, 2011 at 8:39 AM, aki <aki275@gmail.com> wrote:
==For the economic cartels who have already made their millions and put into real estate and driven up the prices, stashed away in Euro/USA banks or otherwise, the final bill and costs are picked up by Kenyans whether rich or poor. ==
The cost of living is expected to touch a new high at the end of the month with the adjustment of official data to reflect the impact of the weak shilling on prices of consumer goods. Thursday’s release of inflation figures promises to offer the much awaited reality check as to how the shilling, under siege most of the month, has impacted on inflation which has been on the rise since February and crossed the double-digit mark two months ago.
“We expect inflation to average 13.6 per cent in 2011, with further increases probable before it peaks and starts to decline again,” said Razia Khan, a London-based economist with Standard Chartered. The National Economic and Social Council (NESC) met in Naivasha at the weekend with the twin threats of inflationary pressure and the shilling’s crash weighing heavily on the participants’ minds.
The Kenyan currency has plummeted from a high of Sh83 to the dollar in March to Sh91 to the greenback last week, representing nominally the lowest level in the currency’s history. Kenya National Bureau of Statistics estimates that 87.9 per cent of Kenya’s inflation is driven by the surge in food, oil and housing prices that feed on each other to worsen the cost of living.
http://www.businessdailyafrica.com/Corporate+News/Consumers+hit+by+new+wave+...
-- The EL_Diablo is a metaphor...
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The easiest way is to remove bad things like food and housing from cpi . Sadly beer and fuel to hengs is also up so cpi could realistically be up all around . On a serious note we possibly calculate inflation on urban factors kenya is 60 pc rural lets find out what real rural consumer cpi truly is . On 6/27/11, Paul Kevin <paultitude@gmail.com> wrote:
Tunahama Tanzania
On Mon, Jun 27, 2011 at 8:39 AM, aki <aki275@gmail.com> wrote:
==For the economic cartels who have already made their millions and put into real estate and driven up the prices, stashed away in Euro/USA banks or otherwise, the final bill and costs are picked up by Kenyans whether rich or poor. ==
The cost of living is expected to touch a new high at the end of the month with the adjustment of official data to reflect the impact of the weak shilling on prices of consumer goods. Thursday’s release of inflation figures promises to offer the much awaited reality check as to how the shilling, under siege most of the month, has impacted on inflation which has been on the rise since February and crossed the double-digit mark two months ago.
“We expect inflation to average 13.6 per cent in 2011, with further increases probable before it peaks and starts to decline again,” said Razia Khan, a London-based economist with Standard Chartered. The National Economic and Social Council (NESC) met in Naivasha at the weekend with the twin threats of inflationary pressure and the shilling’s crash weighing heavily on the participants’ minds.
The Kenyan currency has plummeted from a high of Sh83 to the dollar in March to Sh91 to the greenback last week, representing nominally the lowest level in the currency’s history. Kenya National Bureau of Statistics estimates that 87.9 per cent of Kenya’s inflation is driven by the surge in food, oil and housing prices that feed on each other to worsen the cost of living.
http://www.businessdailyafrica.com/Corporate+News/Consumers+hit+by+new+wave+...
-- The EL_Diablo is a metaphor...
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke
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Computed with the base as 2001/2002, inflation should be hovering around 40%. These other figures are cosmetic (to please you). Peter. On Tue, Jun 28, 2011 at 6:13 PM, Frank Maina <frank@mainacommunications.com>wrote:
The easiest way is to remove bad things like food and housing from cpi . Sadly beer and fuel to hengs is also up so cpi could realistically be up all around . On a serious note we possibly calculate inflation on urban factors kenya is 60 pc rural lets find out what real rural consumer cpi truly is .
On 6/27/11, Paul Kevin <paultitude@gmail.com> wrote:
Tunahama Tanzania
On Mon, Jun 27, 2011 at 8:39 AM, aki <aki275@gmail.com> wrote:
==For the economic cartels who have already made their millions and put into real estate and driven up the prices, stashed away in Euro/USA banks
participants (5)
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aki -
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Frank Maina -
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Peter Osotsi