The annual inflation rate in Kenya picked up to 7.9% in June of 2022, breaching the upper limit of the central bank’s target range of 2.5%-7.5% for the first time since August of 2017. Inflation has been rising since March as a consequence of disruptions caused by the war in Ukraine. That said, upward pressure came mostly from prices of food & non-alcoholic beverages (13.8% vs 12.4% in May); transport (7.1% vs 6.4%) and housing & utilities (6.8% vs 6%). On a monthly basis, consumer prices were up 0.9%, after increasing 0.8% in the prior month. source: Kenya National Bureau of Statistics

Inflation Rate in Kenya averaged 8.88 percent from 2005 until 2022, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Inflation Rate in Kenya is expected to be 7.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Inflation Rate is projected to trend around 5.00 percent in 2023 and 4.20 percent in 2024, according to our econometric models.

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Kenya Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 12:30 PM May 7.1% 6.47% 6.7%
2022-06-30 01:20 PM Jun 7.9% 7.1% 7.6%
2022-07-29 02:00 PM Jul 7.9% 8.3%


Related Last Previous Unit Reference
Inflation Rate 7.90 7.10 percent Jun 2022
Consumer Price Index CPI 124.22 123.12 points Jun 2022
Food Inflation 13.80 12.40 percent Jun 2022
Inflation Rate Mom 0.90 0.80 percent Jun 2022
Producer Prices Change 11.21 10.57 percent Mar 2022
Producer Prices 117.93 113.59 points Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.90 7.10 31.50 3.18 2005 - 2022 percent Monthly
2019M2=100, NSA

News Stream
Kenya June Inflation Rate Soars to Near 5-Year High
The annual inflation rate in Kenya picked up to 7.9% in June of 2022, breaching the upper limit of the central bank’s target range of 2.5%-7.5% for the first time since August of 2017. Inflation has been rising since March as a consequence of disruptions caused by the war in Ukraine that sent fuel and food prices soaring. That said, upward pressure came mostly from prices of food & non-alcoholic beverages (13.8% vs 12.4% in May); transport (7.1% vs 6.4%) and housing & utilities (6.8% vs 6%). On a monthly basis, consumer prices were up 0.9%, after increasing 0.8% in the prior month.
2022-07-01
Kenya Inflation Rate Hits Near 2-1/2-Year High
The annual inflation rate in Kenya accelerated to 7.1% in May of 2022, from 6.5% in the previous month. It was the highest reading since February of 2020, as the cost of food products continued to rise sharply (12.4% vs 12.2% in April), partly affected by the war in Ukraine. Additional upward pressure came from costs of housing & utilities (6% vs 5.5%), transport (6.4% vs 6.9%) and furnishings (7.9% vs 7.2%). On a monthly basis, consumer prices went up 0.8%, slowing from a 1.7% rise in the previous month.
2022-05-31
Kenya Inflation Rate Hits 7-Month High
The annual inflation rate in Kenya accelerated to a seven-month high of 6.47% in April of 2022, from 5.56% in the previous month. Main upward pressure came from food & non-alcoholic beverages (12.15%), namely wheat and basic goods; transportation (6.88%), due to another increase in fuel prices; and housing & utilities (5.47%). On a monthly basis, consumer prices inched up 1.69%, following a 0.85% rise in the previous month.
2022-04-28