The annual inflation rate dropped to 6.06 percent in March of 2020 from 6.37 percent in the previous month. The country rebased the year it uses to calculate inflation to February 2019 from February 2009, in order to better reflect changing consumer trends. On a monthly basis, consumer prices went up 0.18 percent, down sharply from 1.80 percent in the prior month, amid lower prices of some food items such as tomatoes (-6.06 percent) and spinach (-4.87 percent).

Inflation Rate in Kenya averaged 9.34 percent from 2005 until 2020, reaching an all time high of 31.50 percent in May of 2008 and a record low of 3.18 percent in October of 2010. This page provides the latest reported value for - Kenya Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020. source: Kenya National Bureau of Statistics

Inflation Rate in Kenya is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kenya to stand at 5.20 in 12 months time. In the long-term, the Kenya Inflation Rate is projected to trend around 5.30 percent in 2021 and 5.40 percent in 2022, according to our econometric models.

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Kenya Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.06 6.37 31.50 3.18 2005 - 2020 percent Monthly
2019M2=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-31 10:50 AM Dec 5.82% 5.56% 6.5%
2020-01-31 10:30 AM Jan 5.78% 5.82% 5.1%
2020-02-28 11:00 AM Feb 6.37% 5.78% 6.2%
2020-03-31 11:00 AM Mar 6.06% 6.37% 6.8%
2020-04-30 09:20 AM Apr 6.06% 6%
2020-05-29 09:20 AM May
2020-06-30 09:00 AM Jun 5.7%
2020-07-31 09:40 AM Jul


News Stream
Kenya March Inflation Rate Edges Down to 6.1%
The annual inflation rate dropped to 6.06 percent in March of 2020 from 6.37 percent in the previous month. The country rebased the year it uses to calculate inflation to February 2019 from February 2009, in order to better reflect changing consumer trends. On a monthly basis, consumer prices went up 0.18 percent, down sharply from 1.80 percent in the prior month, amid lower prices of some food items such as tomatoes (-6.06 percent) and spinach (-4.87 percent).
2020-03-31
Kenya February Inflation Rate at 10-Month High of 6.37%
The annual inflation rate in Kenya shot up to 6.37% in February of 2020 from 5.78% in the previous month. It was the highest inflation rate since April 2019, driven by prices of food (10.58% vs 9.6% in January), especially tomatoes (62.4%), amid widespread shortages probably linked to the locust plague. Additional upward pressure came mostly from housing & utilities (3.02% vs 2.66%); transport (5.02% vs 4.16%) and clothing & footwear (1.77% vs 1.78%). On a monthly basis, consumer prices inched up 1.38%, after increasing 0.31% in the previous month.
2020-03-02
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%).
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.
2019-12-31

Kenya Inflation Rate
In Kenya, the Consumer Price Index (CPI) is based on expenditures of both urban and rural households. The most important categories in the CPI are Food and Non-Alcoholic Beverages (36 percent of total weight); Housing, Water, Electricity, Gas and other Fuels (18.3 percent) and Transport (8.7 percent). Clothing and Footwear account for 7.4 percent of total index and Furnishings, Household Equipment and Routine Household Maintenance for 6.2 percent. Restaurants and Hotels represent 4.5 percent as well as Miscellaneous Goods and Services (4.5 percent). Communication accounts for 3.8 percent of total weight, Health for 3.1 percent and Education for 3.1 percent. Recreation and Culture represent 2.3 percent and Alcoholic Beverages, Tobacco and Narcotics the remaining 2.1 percent.