Kenya Inflation Rate 2005-2018 | Data | Chart | Calendar | Forecast

The annual inflation rate in Kenya decreased to 4.04 percent in August of 2018 from 4.35 percent in the previous month and above market expectations of a 4.35 percent gain. It was the lowest inflation rate since March, mainly due to a fall in prices of food and non-alcoholic beverages. Inflation Rate in Kenya averaged 9.80 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.

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Kenya Inflation Rate Slows to 5-Month Low in August

The annual inflation rate in Kenya decreased to 4.04 percent in August of 2018 from 4.35 percent in the previous month and above market expectations of a 4.35 percent gain. It was the lowest inflation rate since March, mainly due to a fall in prices of food and non-alcoholic beverages.

Year-on-year, cost of food and non-alcoholic beverages declined by 1.15 percent, after rising 0.53 percent in July. Also, prices eased for furnishings and household equipment (4.63 percent compared to 4.66 percent); health (5.69 percent compared to 6.18 percent) and communications (0.62 percent compared to 0.82 percent). In contrast, prices advanced faster for housing & utilities (16.70 percent compared to 14.40 percent); transport (9.37 percent compared to 8.45 percent); clothing & footwear (4.17 percent compared to 4.10 percent); miscellanous goods & services (4.20 percent compared to 4.01 percent); restaurants & hotels (5.0 percent compared to 4.75 percent); recreation & culture (1.55 percent compared to 1.45 percent) and alcoholic beverages & tobacco (5.80 percent compared to 2.86 percent). Additionally, inflation was steady for education (5.11 percent, the same as in July).

On a monthly basis, consumer prices went up 0.31 percent, following a 0.89 percent decrease in July. Cost of food & non-alcoholic beverages dropped at a softer pace (-0.66 percent compared to -2.40 percent). In addition, prices rose faster for housing & utilities (2.56 percent compared to 0.12 percent), due to higher cost of electricity (6.6 percent) and transport (0.87 percent compared to 0.62 percent), driven by an increase in the pump price of petrol (1.3 percent).

Stefanie Moya | stefanie.moya@tradingeconomics.com
8/31/2018 12:56:18 PM

Recent Releases

Kenya Inflation Rate Rises to 4.35% YoY in July
The annual inflation rate in Kenya rose to 4.35 percent in July of 2018 from a 4.28 percent June, reaching its highest level since February. Prices increased faster mostly due to housing and utilities and transport. On a monthly basis, consumer prices fell 0.89 percent in July, unchanged from the previous month.
Published on 2018-08-01

Kenya Inflation Rate Rises to 4-Month High in June
The annual inflation rate in Kenya increased to 4.28 percent in June of 2018 from 3.95 percent in May, below market expectations of 5.3 percent. It was the highest inflation rate since February, mainly due to higher prices of food and non-alcoholic beverages and housing and utilities. On a monthly basis, consumer prices fell 0.89 percent, after a 0.97 percent gain in the previous month.
Published on 2018-06-29

Kenya Inflation Rate Edges Up to 3.95% in May
The inflation rate in Kenya increased to 3.95 percent year-on-year in May 2018, quickening from 3.73 percent in April. Prices rose faster mainly for food and housing & utilities while were stable for transport.
Published on 2018-05-31

Kenya Inflation Rate Lowest Since 2013
Consumer prices in Kenya increased 3.73 percent year-on-year in April of 2018, easing from a 4.18 percent rise in the previous month. It was the lowest inflation rate since January of 2013, as prices slowed for food and non-alcoholic beverages amid good weather conditions and the strengthening of the currency.
Published on 2018-04-30

Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-06-29	09:40 AM	Inflation Rate YoY	4.28%	3.95%	5.3%	3.9%
2018-07-31	02:20 PM	Inflation Rate YoY	4.35%	4.28%		4.5%
2018-08-31	12:00 PM	Inflation Rate YoY	4.04%	4.35%	4.35%	4.6%
2018-09-28	02:00 PM	Inflation Rate YoY		4.04%		4.5%
2018-10-31	10:45 AM	Inflation Rate YoY				4.8%
2018-11-29	11:00 AM	Inflation Rate YoY				4.9%

Kenya Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	4.04	4.35	31.50	3.18	percent	[+]
Consumer Price Index CPI	192.18	191.59	195.05	99.00	Index Points	[+]
Food Inflation	-1.15	0.53	26.20	-1.15	percent	[+]
Inflation Rate Mom	0.31	-0.89	3.20	-1.20	percent	[+]
Producer Prices	120.20	119.38	120.20	100.00	Index points	[+]
Producer Prices Change	0.65	1.53	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 September of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	4.04	4.35	31.50	3.18	2005 - 2018	percent	Monthly	2009M2=100, NSA

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inflation rate by Country

Country	Last		Previous	Highest	Lowest
Argentina	34.40	Aug/18	31.2	20263	-7	%	Monthly
Australia	2.10	Jun/18	1.9	23.9	-1.3	%	Quarterly
Brazil	4.19	Aug/18	4.48	6821	1.65	%	Monthly
Canada	2.80	Aug/18	3	21.6	-17.8	%	Monthly
China	2.30	Aug/18	2.1	28.4	-2.2	%	Monthly
Euro Area	2.00	Aug/18	2.1	5	-0.7	%	Monthly
France	2.30	Aug/18	2.3	18.8	-0.7	%	Monthly
Germany	2.00	Aug/18	2	11.54	-7.62	%	Monthly
India	3.69	Aug/18	4.17	12.17	1.54	%	Monthly
Indonesia	3.20	Aug/18	3.18	82.4	-1.17	%	Monthly
Italy	1.60	Aug/18	1.5	25.64	-0.6	%	Monthly
Japan	1.30	Aug/18	0.9	24.9	-2.5	%	Monthly
Mexico	4.90	Aug/18	4.81	180	2.13	%	Monthly
Netherlands	2.30	Aug/18	2.1	11.19	-1.3	%	Monthly
Russia	3.10	Aug/18	2.5	2333	2.2	%	Monthly
Saudi Arabia	2.20	Jul/18	2.1	11.1	-2	%	Monthly
Singapore	0.60	Jul/18	0.6	34	-3.1	%	Monthly
South Africa	4.90	Aug/18	5.1	20.7	0.2	%	Monthly
South Korea	1.40	Aug/18	1.5	32.5	0.2	%	Monthly
Spain	2.20	Aug/18	2.2	28.43	-1.37	%	Monthly
Switzerland	1.20	Aug/18	1.2	11.92	-1.4	%	Monthly
Turkey	17.90	Aug/18	15.85	139	-4.01	%	Monthly
United Kingdom	2.70	Aug/18	2.5	8.5	-0.1	%	Monthly
United States	2.70	Aug/18	2.9	23.7	-15.8	%	Monthly