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Inflation now at 18.91 percent.

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ngapat		#1 Posted : Friday, October 28, 2011 2:58:08 PM
Rank: Veteran Joined: 12/11/2006 Posts: 900		Data from Kenya National Bureau of Statistics show inflation figures for month of October 2011 climbed to 18.91% (17.32% in September 2011) “Invest in yourself. Your career is the engine of your wealth.”
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mlennyma		#2 Posted : Friday, October 28, 2011 3:15:13 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi		Dont post this things here you may scare the bull which has returned to mate with hungry cows. "Don't let the fear of losing be greater than the excitement of winning."
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the deal		#3 Posted : Friday, October 28, 2011 3:25:30 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		This is serious now!!!
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Aguytrying		#4 Posted : Friday, October 28, 2011 8:23:30 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		I look at it that it hasn't increased by that much. Its slowing down.If it doesn't go down next month, will be worrying The investor's chief problem - and even his worst enemy - is likely to be himself
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mlennyma		#5 Posted : Friday, October 28, 2011 8:30:59 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi		That was the last upswing,next time we must cook it to please ourselves. "Don't let the fear of losing be greater than the excitement of winning."
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the deal		#6 Posted : Saturday, October 29, 2011 7:08:31 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		Aguytrying wrote: I look at it that it hasn't increased by that much. Its slowing down.If it doesn't go down next month, will be worrying "The acceleration in the month-on-month rate of inflation ... the highest month-on-month rise in inflation that we had seen since April of this year, very worryingly hints at a resurgence of inflationary pressure," said Razia Khan, head of Africa research at Standard Chartered in London.
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Aguytrying		#7 Posted : Saturday, October 29, 2011 7:22:06 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		@the deal. Te he he. The investor's chief problem - and even his worst enemy - is likely to be himself
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hisah		#8 Posted : Sunday, October 30, 2011 10:41:27 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		In April the rate was 9%+. The October rate is 18.9%... That's 100% increase in 7 months. Very bullish this If inflation was an investment the returns for 2011 to date are outsize - 6 folds - 600%+ .. How will workers & employers or industries & consumers survive... I'm waiting to see the gimmicks that will be used to tweak the rate soon... It always happens... Let's wait & see how this thing will lose a 600% acceleration without fudging of figures for rains won't wash out that outsize gain... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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