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. Inflation Rate in Kenya averaged 9.52 percent from 2005 until 2019, 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.

Inflation Rate in Kenya is expected to be 6.00 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 6.30 percent in 2020, according to our econometric models.

Kenya Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-30 08:20 AM Inflation Rate YoY Apr 6.58% 4.35% 4.3% 4.5%
2019-05-31 11:20 AM Inflation Rate YoY May 5.49% 6.58% 6.5% 6.7%
2019-06-28 08:30 AM Inflation Rate YoY Jun 5.70% 5.49% 6.40% 5.8%
2019-07-31 09:40 AM Inflation Rate YoY Jul 6.27% 5.7% 6.6% 5.9%
2019-08-30 12:00 PM Inflation Rate YoY Aug 6.27% 5.8%
2019-09-27 09:00 AM Inflation Rate YoY Sep 6.0%
2019-10-30 02:00 PM Inflation Rate YoY Oct 5.8%



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



Kenya Prices Last Previous Highest Lowest Unit
Inflation Rate 6.27 5.70 31.50 3.18 percent [+]
Consumer Price Index CPI 203.61 204.34 205.90 99.00 Index Points [+]
Food Inflation 8.47 6.98 26.20 -1.15 percent [+]
Inflation Rate Mom -0.36 -0.69 3.50 -1.20 percent [+]
Producer Prices 118.95 120.61 120.61 100.00 Index points [+]
Producer Prices Change -0.36 1.47 6.77 -2.76 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.27 5.70 31.50 3.18 2005 - 2019 percent Monthly
2009M2=100, NSA




Country Last Previous
Argentina 54.40 Jul/19
Australia 1.60 Jun/19
Brazil 3.22 Jul/19
Canada 2.00 Jun/19
China 2.80 Jul/19
Euro Area 1.10 Jul/19
France 1.10 Jul/19
Germany 1.70 Jul/19
India 3.15 Jul/19
Indonesia 3.32 Jul/19
Italy 0.40 Jul/19
Japan 0.70 Jun/19
Mexico 3.78 Jul/19
Netherlands 2.50 Jul/19
Russia 4.60 Jul/19
Saudi Arabia -1.40 Jun/19
Singapore 0.60 Jun/19
South Africa 4.50 Jun/19
South Korea 0.60 Jul/19
Spain 0.50 Jul/19
Switzerland 0.30 Jul/19
Turkey 16.65 Jul/19
United Kingdom 2.10 Jul/19
United States 1.80 Jul/19


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