Kenya Inflation Rate at 8-Month High


Consumer prices in Kenya increased 6.34 percent year-on-The annual inflation rate in Kenya rose to 6.5 percent in October of 2016, from 6.3 percent in a month earlier. It was the highest inflation rate since February, boosted by food cost.

Compared to October 2015, main upward pressure came from food and non-alcoholic beverages (+11.03 percent +10.94 percent in September) and transport (+0.36 percent from -0.38 percent), followed by clothing and footwear (+4.17 percent from +3.77 percent); furnishings and household equipment (+3.23 percent from +3.66 percent) and hotels and restaurants (+5.6 percent from +5.4 percent). In contrast, prices went down for housing, water, electricity, gas and other fuels (-0.04 percent from +0.48 percent).

Month-on-month, consumer prices rose by 0.62 percent following a 0.34 percent gain in September. Cost went up for food and non-alcoholic beverages (+0.96 percent from +0.55 percent in September); housing, water, electricity, gas and other fuels (+0.16 percent from +0.05 percent) and transport (+0.37 percent from +0.3 percent). 

Kenya National Bureau of Statistics | Mojdeh Kazemi | mojdeh@tradingeconomics.com
10/31/2016 2:43:42 PM