The annual inflation rate in Kenya was at 9.5% in November of 2022, holding close to a near 5-1/2-year high of 9.6% in the previous month but below market estimates of 10.1%. Prices slowed down a bit for food & non-alcoholic beverages (15.4% vs 15.8% in October); furnishings & household equipment (10.6% vs 10.9%) and housing & utilities (6.1% vs 7.1%). Conversely, prices continued to climb mostly for transportation (11.7% vs 11.6%), alcoholic beverages & tobacco (7.2% vs 6.7%); restaurants & hotels (6.2% vs 5.3%) and personal care, social protection and miscellaneous goods and services (7% vs 6.1%). On a monthly basis, consumer prices increased by 0.3%, down from 0.9% in the previous month. source: Kenya National Bureau of Statistics

Inflation Rate in Kenya averaged 8.88 percent from 2005 until 2022, 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 December of 2022.

Inflation Rate in Kenya is expected to be 9.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Inflation Rate is projected to trend around 5.00 percent in 2023 and 4.20 percent in 2024, according to our econometric models.

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Kenya Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-10-31 02:10 PM Oct 9.6% 9.2% 9.5% 9.6%
2022-11-30 01:15 PM Nov 9.5% 9.6% 10.1% 10%


Related Last Previous Unit Reference
Inflation Rate 9.50 9.60 percent Nov 2022
Consumer Price Index CPI 128.31 127.86 points Nov 2022
Food Inflation 15.40 15.80 percent Nov 2022
Inflation Rate MoM 0.30 0.90 percent Nov 2022
Producer Prices Change 11.21 10.57 percent Mar 2022
Producer Prices 117.93 113.59 points Mar 2022

Kenya Inflation Rate
In Kenya, the Consumer Price Index (CPI) is based on expenditures of both urban and rural households. The most important category in the CPI is Food and Non-Alcoholic Beverages (33 percent of total weight). Housing, Water, Electricity, Gas and other Fuels account for 15 percent; Transport for 10 percent; Restaurants and Accommodation Services for 8 percent; Communication for 8 percent; and Education for 6 percent. Alcoholic Beverages, Tobacco and Narcotics; Clothing and Footwear; Furnishings, Household Equipment and Maintenance; Health; Recreation, Sport and Culture; Insurance and Financial Services; and Personal Care, Social Protection and Miscellaneous Goods and Services account for the remaining 21 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
9.50 9.60 31.50 3.18 2005 - 2022 percent Monthly
2019M2=100, NSA

News Stream
Kenya November Inflation Rate Unexpectedly Slows to 9.5%
The annual inflation rate in Kenya was at 9.5% in November of 2022, holding close to a near 5-1/2-year high of 9.6% in the previous month but below market estimates of 10.1%. Prices slowed down a bit for food & non-alcoholic beverages (15.4% vs 15.8% in October); furnishings & household equipment (10.6% vs 10.9%) and housing & utilities (6.1% vs 7.1%). Conversely, prices continued to climb mostly for transportation (11.7% vs 11.6%), alcoholic beverages & tobacco (7.2% vs 6.7%); restaurants & hotels (6.2% vs 5.3%) and personal care, social protection and miscellaneous goods and services (7% vs 6.1%). On a monthly basis, consumer prices increased by 0.3%, down from 0.9% in the previous month.
2022-11-30
Kenya Inflation Rate Rises to 9.6%
The annual inflation rate in Kenya accelerated for the eighth straight month to 9.6% in October of 2022, from 9.2% in September and above market forecasts of 9.5%. It was the steepest inflation rate since May of 2017, breaching the upper limit of the central bank’s target range of 2.5%-7.5% for the fifth month. The overall inflation was largely driven by prices of food & non-alcoholic beverages (15.8% vs 15.5% in September); transportation (11.6% vs 10.2%) and housing & utilities (7.1% vs 7.3%). On a monthly basis, consumer prices were up 0.9%, the same pace as in the previous month.
2022-11-01
Kenya September Inflation Rate Above Forecasts
The annual inflation rate in Kenya accelerated for the seventh consecutive month to 9.2% in September of 2022, above market forecasts of 8.6% and the ceiling of the central bank’s target range of 2.5%-7.5%. It was the highest inflation figure since June of 2017, amid a continued sharp increase in the cost of food, fuel, and housing. On a monthly basis, consumer prices were up 0.9%, after a 0.4% increase in the previous month.
2022-09-30