The annual inflation rate in Kenya went up to 5.58 percent in November of 2018 from 5.53 in the previous month, mainly due to higher prices of food and non-alcoholic beverages. On a monthly basis, consumer prices went down 0.18 percent, following a 0.79 percent drop in October. Inflation Rate in Kenya averaged 9.72 percent from 2005 until 2018, reaching an all time high of 31.50 percent in May of 2008 and a record low of 3.18 percent in October of 2010.

Inflation Rate in Kenya is expected to be 6.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kenya to stand at 5.50 in 12 months time. In the long-term, the Kenya Inflation Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Kenya Inflation Rate
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 12:00 PM Inflation Rate YoY 4.04% 4.35% 4.35% 4.6%
2018-09-28 09:00 AM Inflation Rate YoY 5.7% 4.04% 4.95% 4.5%
2018-10-30 02:00 PM Inflation Rate YoY 5.53% 5.7% 5.6%
2018-11-30 11:10 AM Inflation Rate YoY 5.58% 5.53% 5.6%
2018-12-31 02:00 PM Inflation Rate YoY 5.58%
2019-01-31 01:30 PM Inflation Rate YoY
2019-02-28 01:55 PM Inflation Rate YoY

Kenya Annual Inflation Rate Edges Up to 5.58% in November

The annual inflation rate in Kenya went up to 5.58 percent in November of 2018 from 5.53 in the previous month, mainly due to higher prices of food and non-alcoholic beverages and transport. On a monthly basis, consumer prices went down 0.18 percent, following a 0.79 percent drop in October.

Year-on-year, prices advanced faster for food and non-alcoholic beverages (1.72 percent from 0.52 percent in October); transport (15.57 percent from 15.3 percent); communication (4.74 percent from 4.3 percent); education (4.94 percent from 4.8 percent) and alcoholic beverages and tobacco (7.2 percent from 7.05 percent). 

On the other hand, cost slowed for housing and utilities (13.69 percent from 17.12 percent); clothing and footwear (4.15 percent from 4.73 percent); furniture and household equipment (4.37 percent from 4.68 percent); restaurant and hotels (4.2 percent from 4.32 percent); miscellaneous goods and services (4.18 percent from 4.44 percent); health (4.81 percent from 5.92 percent) and recreation and culture (1.51 percent from 1.67 percent).

On a monthly basis, consumer prices decreased 0.18 percent, following a 0.79 percent fall in October. Prices of food and non-alcoholic beverages went down 0.15 percent, compared to a 1.76 percent decline in the prior month, mainly due to lower prices of maize and maize products. Additionally, cost of transport rebounded (0.81 percent from -0.86 percent), due to cost of petrol (0.91 percent from -0.9 percent). 

Kenya National Bureau of Statistics | Agna Gabriel |
11/30/2018 11:53:18 AM

Kenya Prices Last Previous Highest Lowest Unit
Inflation Rate 5.58 5.53 31.50 3.18 percent [+]
Consumer Price Index CPI 192.25 192.59 195.05 99.00 Index Points [+]
Food Inflation 1.70 0.50 26.20 -1.15 percent [+]
Inflation Rate Mom -0.18 -0.79 3.20 -1.20 percent [+]
Producer Prices 119.96 119.37 119.96 100.00 Index points [+]
Producer Prices Change 0.37 -0.04 6.77 -2.76 percent [+]

Kenya Inflation Rate

In Kenya, the Consumer Price Index (CPI) is based on expenditures of both urban and rural households. The most important categories in the CPI are Food and Non-Alcoholic Beverages (36 percent of total weight); Housing, Water, Electricity, Gas and other Fuels (18.3 percent) and Transport (8.7 percent). Clothing and Footwear account for 7.4 percent of total index and Furnishings, Household Equipment and Routine Household Maintenance for 6.2 percent. Restaurants and Hotels represent 4.5 percent as well as Miscellaneous Goods and Services (4.5 percent). Communication accounts for 3.8 percent of total weight, Health for 3.1 percent and Education for 3.1 percent. Recreation and Culture represent 2.3 percent and Alcoholic Beverages, Tobacco and Narcotics the remaining 2.1 percent. This page provides the latest reported value for - Kenya Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya Inflation Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.58 5.53 31.50 3.18 2005 - 2018 percent Monthly
2009M2=100, NSA

Country Last Previous
Argentina 48.00 Nov/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 2.00 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 2.33 Nov/18
Indonesia 3.23 Nov/18
Italy 1.60 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.20 Nov/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.20 Nov/18