The annual inflation rate in Kenya fell to 5.53 percent in October of 2018 from 5.7 percent in September. Prices eased mainly due to slowdown in cost of transport amid a petroleum products tax cut to 8 percent from an initial 16 percent at the beginning of September. On a monthly basis, consumer prices dropped 0.79 percent after rising 1.02 percent in the previous month. Inflation Rate in Kenya averaged 9.75 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.

Kenya Inflation Rate
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Kenya Annual Inflation Rate Slows to 5.53% in October


The annual inflation rate in Kenya fell to 5.53 percent in October of 2018 from 5.7 percent in September. Prices eased mainly due to slowdown in cost housing and utilities and transport, amid a petroleum products tax cut to 8 percent from an initial 16 percent at the beginning of September. On a monthly basis, consumer prices dropped 0.79 percent after rising 1.02 percent in the previous month.

Year-on-year, prices slowed for housing & utilities (17.12 percent compared to 17.44 percent in September); transport (15.30 percent compared to 17.29 percent); ); furnishings and household equipment (4.68 percent compared to 4.86 percent); restaurants & hotels (4.32 percent compared to 5.04 percent) and education (4.80 percent compared to 5.04 percent). 

Meanwhile, cost rose further for clothing & footwear (4.73 percent compared to 4.58 percent); miscellanous goods & services (4.44 percent compared to 4.30 percent); communication (4.30 percent compared to 0.61 percent); health (5.92 percent compared to 5.90 percent);  recreation & culture (1.67 percent compared to 1.61 percent) and alcoholic beverages & tobacco (7.05 percent compared to 6.48 percent). Also, inflation was steady for food and non-alcoholic beverages (at 0.5 percent, the same as in September).

On a monthly basis, consumer prices declined by 0.79 percent, after increasing 1.02 percent in the prior month. Cost of food & non-alcoholic beverages dropped (-1.76 percent compared to 0.37 percent) mostly due to lower prices of maize and maize products. Additionally, prices of transport decreased (-0.86 percent compared to 7.99 percent), due to cost of petrol (-0.9 percent compared to 2.6 percent) and diesel (1.5 percent compared to 5.1 percent). Also, prices of housing & utilities eased (0.20 percent compared to 0.47 percent).


Kenya National Bureau of Statistics | Stefanie Moya | stefanie.moya@tradingeconomics.com
10/31/2018 2:35:47 PM


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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%
2018-10-31 12:45 PM Inflation Rate YoY 5.53% 5.7% 5.9%
2018-11-29 11:00 AM Inflation Rate YoY 5.53% 6.1%


Kenya Prices Last Previous Highest Lowest Unit
Inflation Rate 5.53 5.70 31.50 3.18 percent [+]
Consumer Price Index CPI 192.59 194.14 195.05 99.00 Index Points [+]
Food Inflation 0.50 0.50 26.20 -1.15 percent [+]
Inflation Rate Mom -0.79 1.02 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.53 5.70 31.50 3.18 2005 - 2018 percent Monthly
2009M2=100, NSA




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Sep/18
United States 2.30 Sep/18


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