Kenya Inflation Rate  2005-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Kenya jumped 11.70 percent year-on-year in May of 2017, accelerating from a 11.48 percent increase in the previous month. The inflation rate remained the highest since May 2012, mainly driven by rising prices of food, due to last year's severe drought which destroyed agricultural crops. Inflation Rate in Kenya averaged 10.25 percent from 2005 until 2017, 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.

Kenya Inflation Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-31 10:50 AM Mar 10.28% 9.04% 9.4% 9.3%
2017-04-28 01:00 PM Apr 11.48% 10.28% 10.4%
2017-05-31 12:25 PM May 11.70% 11.48% 12% 11.8%
2017-06-26 12:00 PM Jun 11.70% 12% 11.8%
2017-07-28 12:00 PM Jul 9.9%
2017-08-31 11:00 AM Aug 10.1%




Kenya Inflation Rate At 5-Year High of 11.7% In May


Consumer prices in Kenya jumped 11.70 percent year-on-year in May of 2017, accelerating from a 11.48 percent increase in the previous month. The inflation rate remained the highest since May 2012, mainly driven by rising prices of food, due to last year's severe drought which destroyed agricultural crops.

Compared to May of 2016, prices advanced faster for: food and non-alcoholic drinks (21.52 percent vs 20.98 percent in April); furniture and household equipment (3.28 percent vs 3.10 percent); restaurants and hotels (5.88 percent vs 5.65 percent), miscellaneous goods and services (4.11 percent vs 3.55 percent); communication (0.11 percent vs 0.10 percent); health (3.10 percent vs 3.05 percent) and alcoholic drinks, tobacco and narcotics (3.62 percent vs 3.26 percent). 

Meanwhile, inflation slowed for housing and utilities (2.90 percent vs 2.94 percent); transport (4.64 percent vs 5.11 percent); clothing (3.99 percent vs 4.01 percent); recreation and culture (1.80 vs 1.99 percent) and was steady for education (2.85 percent).

Month-on-month, consumer prices went up 0.75 percent compared to a 1.79 percent gain in the previous month. Cost went up at a softer pace for food and non-alcoholic beverages (1.26 percent vs 3.55 percent in April), due to a significant declines in prices of sukuma wiki, cabbages, potatoes and spinach, related to ongoing rains. Also, cost eased for housing, water, electricity, gas and other fuels (0.06 percent vs 0.63 percent), led by a slowdown in house rents and cooking fuels.

Kenya National Bureau of Statistics | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/31/2017 4:24:15 PM



Kenya Prices Last Previous Highest Lowest Unit
Inflation Rate 11.70 11.48 31.50 3.18 percent [+]
Consumer Price Index CPI 187.64 186.24 187.64 99.00 Index Points [+]
Food Inflation 21.52 20.98 26.20 1.44 percent [+]
Producer Prices 117.58 115.36 117.58 100.00 Index points [+]
Producer Prices Change 3.38 -0.50 6.74 -2.80 percent [+]
Inflation Rate Mom 0.75 1.79 3.20 -0.85 percent [+]


Kenya Inflation Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
11.70 11.48 31.50 3.18 2005 - 2017 percent Monthly
2009M2=100, NSA



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.30 May/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17