Kenya Inflation Rate at 8-Month High in April

Kenyan annual inflation rate rose to 7.08 percent in April of 2015, from 6.31 percent reported in the previous month, mainly due to a jump in food prices.

Compared to April 2014, food cost increased 13.42 percent, the strongest growth since June of 2012 (+10.96 percent in March). 

The biggest price increases were reported for: housing, water, electricity and gas (2.81 percent); clothing and footwear (4.40 percent); furnishings and household equipment (4.48 percent); miscellaneous goods and services (4.23 percent); hotels, cafés and restaurants (5.10 percent).

In contrast, downward pressure came from transport cost, falling 0.81 percent (+2.77 percent in the previous month).

On a monthly basis, consumer prices rose 1.82 percent - the highest in four years - as food and non-alcoholic beverages’ prices went up 3.92 percent. Housing, water electricity and gas increased by 0.23 percent, while transport prices remained unchanged.

Kenya Inflation Rate at 8-Month High in April

Kenya National Bureau of Statistics | Joana Ferreira |
4/30/2015 3:38:25 PM