News

Kenya Inflation Rate Softens to 5.78% in January
The annual inflation rate in Kenya edged down to 5.78% in January 2020 from 5.82% in the previous month. Prices slowed mostly for food, beverages & tobacco (9.60% vs 10.02% in December), furnishings (1.09% vs 1.24%) and miscellaneous goods & services (1.34% vs 1.67%). On the other hand, cost continued to advance for housing & utilities (2.66% vs 2.40%); transport (4.16% vs 2.74%); clothing & footwear (1.78% vs 1.52%); restaurants & hotels (2.32% vs 2.12%); recreation & culture (0.36% vs 0.23%); education (1.65% vs 1.38%) and alcoholic beverages & tobacco (8.07% vs 7.37%). On a monthly basis, consumer prices went up 0.31%, decelerating from a 0.90% increase in the prior month, amid a slowdown in prices of food & non-alcoholic beverages (0.39% vs 1.46%) and a drop in transport cost (-0.04% vs 2.10%).
Published on 2020-01-31

Kenya Inflation Rate at 5-Month High of 5.82%
The annual inflation rate in Kenya rose to 5.82 percent in December 2019, its highest level since July, from 5.56 percent in the previous month. Main upward pressure came from prices of food (10.02% vs 9.58% in November), namely vegetables such as beans, maize flour, tomatoes and onions, amid higher demand during the festive season. Cost also advanced faster for transport (2.74% vs 1.98%) and clothing & footwear (1.52% vs 1.47%). Meanwhile, inflation softened for housing & utilities (2.40% vs 2.47%); furnishings (1.24% vs 1.33%); restaurants & hotels (2.12% vs 2.38%); miscellaneous goods & services (1.67% vs 1.88%); health (1.20% vs 1.30%); education (1.38% vs 1.44%); recreation & culture (0.23% vs 0.31%) and alcoholic beverages & tobacco (7.37% vs 7.53%). On a monthly basis, consumer prices inched up 0.90 percent, after increasing 0.40 percent in the prior month.
Published on 2019-12-31

Kenya Inflation Rate at 4-Month High of 5.56%
The annual inflation rate in Kenya rose to 5.56 percent in November 2019 from 4.95 percent in the previous month. It was the highest inflation rate since July, as prices of food continued to climb (9.58 percent vs 8.74 percent in October). On a monthly basis, consumer prices inched up 0.40 percent, the most since April, after increasing 0.28 percent in the prior month.
Published on 2019-11-29

Kenya Inflation Rate Inches Up to 4.95%
The annual inflation rate in Kenya rose to 4.95 percent in October 2019 from 3.83 percent in the previous month. Prices increased faster primarily for food and alcoholic beverages, tobacco & narcotics, largely due to recent tax revisions. On a monthly basis, consumer prices rose 0.28 percent, after decreasing 0.11 percent in the previous month.
Published on 2019-10-31

Kenya Inflation Rate at Near 1-1/2-Year Low of 3.83%
The annual inflation rate in Kenya declined to 3.83 percent in September 2019, its lowest since April last year, from 5.0 percent in the previous month. Prices slowed mostly for transport.
Published on 2019-09-30

Kenya Inflation Rate Falls to 5-Month Low of 5%
The annual inflation rate in Kenya decreased to 5.0 percent in August 2019 from 6.3 percent in the previous month. This is the softest inflation rate since March, mainly reflecting weaker food price growth.
Published on 2019-08-30

Kenya Inflation Rate Rises to 3-Month High of 6.27%
Kenya’s annual inflation rate increased to 6.27 percent in July of 2019 from 5.70 percent in the previous month, below market expectations of 6.6 percent. Still, it was the highest inflation since April.
Published on 2019-07-31

Kenya Inflation Rate Rises Less than Expected
Kenya's inflation rate rose slightly to 5.70 percent year-on-year in June 2019 from 5.49 percent in the previous month, but missing market expectations of 6.40 percent. Food inflation accelerated while housing, transport and clothing prices increased at a slower pace. On a month-on-month basis, consumer prices dropped 0.69 percent, following a 0.07 decline in May.
Published on 2019-06-28

Kenya Inflation Rate Moderates to 5.49% in May
The annual inflation rate in Kenya dropped to 5.49 percent in May 2019 from 6.58 percent in the previous month. Prices slowed mostly for food while they rose further for transport.
Published on 2019-06-04

Kenya Inflation Rate Speeds Up to 6.58% in April
The annual inflation rate in Kenya peaked to 6.58 percent in April 2019 from 4.4 percent in the previous month. It is the highest inflation rate since September 2017, mainly pushed up by prices of food (8.2 percent vs 2.8 percent in March) and transport (10.8 percent vs 10.1 percent). On a monthly basis, consumer prices advanced 3.51 percent, up from 1.60 percent in the previous month.
Published on 2019-04-30

Kenya Inflation Rate Rises to 4.35% YoY in March
The annual inflation rate in Kenya rose to 4.35 percent in March 2019 from 4.14 percent in the previous month and above market expectations of 4.2 percent. Prices went up further mainly due to food & non-alcoholic beverages and transport. On a monthly basis, consumer prices increased 1.6 percent, after a 0.82 percent gain in February.
Published on 2019-03-29

Kenya Inflation Rate at 6-Month Low of 4.1% in February
The annual inflation rate in Kenya fell to 4.14 percent in February 2019 from 4.7 percent in the prior month. It is the lowest inflation rate since August, amid a generalized slowdown in prices, in particular for food and transport.
Published on 2019-02-28

Kenya Inflation Rate Hits 5-Month Low of 4.7%
The annual inflation rate in Kenya fell to 4.70 percent in January 2019 from 5.71 percent in the prior month and below market expectations of 5 percent. It is the lowest inflation rate since August, as prices slowed primarily for food, housing & utilities and transport. On a monthly basis, consumer prices went up 0.35 percent, easing from a 0.65 percent increase in the prior month.
Published on 2019-01-31

Kenya Inflation Rate Highest in Over a Year at 5.71%
The annual inflation rate in Kenya rose to 5.71 percent in December 2018 from 5.6 percent in the prior month. It is the highest inflation rate since October 2017, as prices continued to advance for food and non-alcoholic beverages. Meantime, inflation remained elevated for housing & utilities and transport.
Published on 2019-01-02

Kenya Inflation Rate Edges Up to 5.58% in November
The annual inflation rate in Kenya went up to 5.58 percent in November of 2018 from 5.53 in the previous month, mainly due to higher prices of food and non-alcoholic beverages. On a monthly basis, consumer prices went down 0.18 percent, following a 0.79 percent drop in October.
Published on 2018-11-30

Kenya Annual Inflation Rate Slows to 5.53% in October
The annual inflation rate in Kenya fell to 5.53 percent in October of 2018 from 5.7 percent in September. Prices eased mainly due to slowdown in cost housing and utilities and transport, amid a petroleum products tax cut to 8 percent from an initial 16 percent at the beginning of September. On a monthly basis, consumer prices dropped 0.79 percent after rising 1.02 percent in the previous month.
Published on 2018-10-31

Kenya Annual Inflation Rate at 11-Month High in September
The annual inflation rate in Kenya increased to 5.7 percent year-on-year in September of 2018 from 4.0 percent in the previous month and above market expectations of 4.95 percent. It was the highest inflation rate since October last year, mainly due to higher cost of transport and food & non-alcoholic beverages. In September, at the beginning of the month a 16 percent tax on petroleum products was introduced, due to the impacts it had the Parliament approved President Uhuru Kenyatta proposal of cut the VAT to 8 percent.
Published on 2018-09-28

Kenya Inflation Rate Slows to 5-Month Low in August
The annual inflation rate in Kenya decreased to 4.04 percent in August of 2018 from 4.35 percent in the previous month and above market expectations of a 4.35 percent gain. It was the lowest inflation rate since March, mainly due to a fall in prices of food and non-alcoholic beverages.
Published on 2018-08-31

Kenya Inflation Rate Rises to 4.35% YoY in July
The annual inflation rate in Kenya rose to 4.35 percent in July of 2018 from a 4.28 percent June, reaching its highest level since February. Prices increased faster mostly due to housing and utilities and transport. On a monthly basis, consumer prices fell 0.89 percent in July, unchanged from the previous month.
Published on 2018-07-31

Kenya Inflation Rate Rises to 4-Month High in June
The annual inflation rate in Kenya increased to 4.28 percent in June of 2018 from 3.95 percent in May, below market expectations of 5.3 percent. It was the highest inflation rate since February, mainly due to higher prices of food and non-alcoholic beverages and housing and utilities. On a monthly basis, consumer prices fell 0.89 percent, after a 0.97 percent gain in the previous month.
Published on 2018-06-29