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.

Year-on-year, prices advanced faster for food & non-alcoholic beverages (8.47 percent vs 6.98 percent in June); housing & utilities (4.09 percent vs 4.07 percent); education (1.56 percent vs 1.50 percent); recreation & culture (0.54 percent vs 0.47 percent) and alcoholic beverages & tobacco (9.58 percent vs 8.91 percent). On the other hand, cost slowed for transport (10.52 percent vs 10.96 percent); clothing & footwear (1.94 percent vs 2.05 percent); furniture & household goods (1.93 percent vs 2.12 percent); miscellaneous goods & services (2.84 percent vs 2.95 percent); communication (4.45 percent vs 4.49 percent) and health (1.77 percent vs 3.75 percent). 

On a monthly basis, consumer prices decreased 0.36 percent in July, after a 0.69 percent slump in the prior month. Food & non-alcoholic beverages dropped 1.04 percent, while other main components increased: housing & utilities (0.14 percent); transport (0.22 percent); and clothing & footwear (0.07 percent).

Kenya Inflation Rate Rises to 3-Month High of 6.27%


Kenya National Bureau of Statistics | Agna Gabriel | agna.gabriel@tradingeconomics.com
7/31/2019 11:11:17 AM