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October inflation drops to 2.7pc on decreased fuel, electricity costs

Packets of sugar at a supermarket in Utawala, Nairobi. [Boniface Okendo, Standard]

The inflation rate for October 2024 dropped to 2.7 percent from 3.5 percent in September, according to the Kenya National Bureau of Statistics (KNBS).

In a statement to the media on Thursday, KNBS attributed this decline to reduced prices for fuel, water, and electricity.

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