Kenya Inflation Rate Rises at a Faster Pace



Consumer prices in Kenya rose 4.8 percent year-on-year in January of 2018, after a 4.5 percent gain in the previous month. Prices advanced at a faster pace after easing for five consecutive months, mostly due to food and housing and utilities.

Compared to January of 2017, cost increased at a faster pace for food and non-alcoholic beverages (4.71 percent compared to 4.68 percent in January); housing and utilities (5.74 percent compared to 5.13 percent); transport (6.80 percent compared to 5.82 percent); clothing and footwear (3.61 percent compared to 2.97 percent); furnishings and household equipment (3.62 percent compared to 3.26 percent); miscellaneous goods and services (4.11 percent compared to 3.56 percent); restaurant and hotels (7.03 percent compared to 6.61 percent); communication (0.59 percent compared to 0.53 percent) and education (5.38 percent compared to 3.21 percent).

On a monthly basis, consumer prices rose 1.32 percent, following a 0.54 percent increase in the previous month. Prices went up faster for food and non-alcoholic beverages (1.69 percent compared to 0.25 percent in December), namely some foodstuffs. In addition, cost advanced further for housing and utilities (0.90 percent compared to 0.27 percent), mainly due to higher prices of house of rents, kerosene and charcoal. In contrast, cost of transport slowed to 1.53 percent from a 2.44 percent, due to prices of diesel and petrol.

Kenya Inflation Rate Rises at a Faster Pace


Kenya National Bureau of Statistics | Stefanie Moya | stefanie.moya@tradingeconomics.com
2/1/2018 1:26:26 PM