Kenya Inflation Rate Lowest Since 2013


Consumer prices in Kenya increased 3.73 percent year-on-year in April of 2018, easing from a 4.18 percent rise in the previous month. It was the lowest inflation rate since January of 2013, as prices slowed for food and non-alcoholic beverages amid good weather conditions and the strengthening of the currency.

Compared to April of 2017, prices eased for food and non-alcoholic beverages (0.26 percent from 2.19 percent in March); restaurant and hotels (6.04 percent from 6.61 percent) and communication (0.79 percent from 0.81 percent). In contrast, cost advanced further for housing and utilities (11.80 percent from 8.98 percent); transport (7.01 percent from 6.61 percent); clothing and footwear (4.09 percent from 3.85 percent) and furnishings and household equipment (4.61 percent from 4.25 percent). Also, prices went up faster for miscellaneous goods and services (4.74 percent from 4.61 percent) and education (5.09 percent from 5.08 percent).

On a monthly basis, consumer prices edged up 1.35 percent, after rising 1.39 percent in the prior month. Prices increased at a softer pace for housing and utilities (3.24 percen from 3.78 percent), mostly due to a decrese in kerosene prices (-0.94 percent). On the other hand, cost of food and non-alcoholic beverages continued to rise (1.59 percent from 1.54 percent), namely some foodstuffs and cost of transport rebounded (0.16 percent from -0.06 percent).

Kenya Inflation Rate Lowest Since 2013


Kenya National Bureau of Statistics | Stefanie Moya | stefanie.moya@tradingeconomics.com
4/30/2018 4:44:09 PM