Kenya Inflation Rate Accelerates to 6.4% in July


Consumer prices in Kenya rose 6.4 percent year-on-year in July of 2016, after a 5.8 percent increase in the preceding month. It was the highest figure since March 2016, boosted by higher food prices.

Compared to July 2015, prices of food and non-alcoholic beverages surged 10.8 percent (+8.9 percent in June), housing, water, electricity, gas and other fuels rose 0.9 percent (+1.8 percent) and transport prices were up by 0.8 percent (+0.6 percent). In addition, cost increased for clothing and footwear (+3.5 percent from +3.6 percent); furnishings and household equipment (+3.5 percent from +3.8 percent) and hotels and restaurants (+5.1 percent from +5.5 percent).

On a monthly basis, consumer prices increased by 0.6 percent following a 1 percent rise in the previous month. Food inflation slowed to 1.1 percent (+2 percent in July), transport rose by 1.1 percent (+0.3 percent), whereas and housing, water, electricity, gas and other fuels edged down 0.15 percent (+0.08 percent). and prices of .

Kenya National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
7/29/2016 11:55:25 AM