Kenya Inflation Rate at 5-Month High in March

Kenyan annual inflation rate rose to 6.31 percent in March of 2015, from 5.61 percent reported in the previous month mainly due to increase in food cost.

Compared to March 2014, food prices increased 10.96 percent, the strongest growth since October of 2013. 

Additional upward pressure came from: housing, water, electricity and gas (2.92 percent); transport prices (2.77 percent); clothing and footwear (4.32 percent); furnishings and household equipment (4.17 percent); miscellaneous goods and services (4.20 percent); hotels, cafés and restaurants (4.97 percent). Prices of communication (+0.59 percent), education (+3.92 percent), health (+4.14 percent), recreation and culture (+3.16 percent) and alcoholic beverages, tobacco and narcotics (+1.81 percent) also contributed to the increase of consumer price index.

On a monthly basis, consumer prices rose 1.12 percent as food and non-alcoholic beverages’ prices went up 2.65 percent boosted by higher costs of vegetables, milk and other food products. In contrast, housing, water electricity and gas and transport prices decreased by 0.05 percent and 0.33 percent respectively.

Kenya Inflation Rate at 5-Month High in March

Kenya National Bureau of Statistics | Joana Ferreira |
3/31/2015 2:31:25 PM