Kenyan Inflation Rate Edges Up in September


Kenyan annual inflation rate increased slightly to 5.97 percent in September of 2015, up from 5.84 percent reported in the previous month and above market expectations. Cost of housing, clothing, furnishings and accommodation pushed the inflation up.

Year-on-year, cost of housing, water, electricity, gas and other fuels increased by 3.01 percent against a 2.66 percent growth in August. In addition, prices of clothing and footwear (+4.88 percent from +4.76 percent in August); furnishings and household equipment (+4.42 percent from +4.10 percent); and hotels and restaurants (+5.48 percent from +5.03 percent) rose at a faster pace. Food inflation eased to 7-month low of 9.81 percent from 9.93 percent in the previous month. By contrast, downward pressure came from transport cost (-1.38 percent from -1.79 percent in August).

On a monthly basis, consumer prices rose by 0.48 percent, following a 0.21 percent increase in the previous month, as food and non-alcoholic beverages’ prices went up by 0.04 percent after falling 0.26 percent in August. By contrast, prices of housing and utilities dropped by 0.18 percent (+0.76 percent in the previous month).

Kenyan Inflation Rate Edges Up in September


Kenya National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com
9/30/2015 3:26:36 PM