Kenya Inflation Rate Edges Down to 6.27% in March


Kenyan annual inflation rate decelerated for the second consecutive month to 6.27 percent, from 6.86 percent recorded in February of 2014, as food, electricity and gas prices slowed.

Year-on-year, prices rose at a slower pace for food (+8.29 percent, from 9.14 percent in February of 2014), housing, water, electricity and gas (+4.44 percent from 5.15 percent), transport (+5.17 percent from 6.42 percent), clothing and footwear (+4.84 percent from 4.89 percent). 

In contrast, higher inflation was recorded for furnishing and equipment (+5.48 percent from 5.46 percent in the previous month), health (+6.84 percent from 5.95 percent) and education (+5.62 percent from 5.33 percent).

Communication prices continued to fall by 3.13 percent in March of 2014.

On a monthly basis, prices accelerated slightly to 0.45 percent from February’s 0.38 percent, mainly due to higher cost of food (+0.56 percent), transports (+0.30 percent), clothing and footwear (+0.40 percent). 

Kenya Inflation Rate Edges Down to 6.27% in March


Kenya National Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com
3/31/2014 2:55:45 PM