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.

Kenya Inflation Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



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



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




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 2.80 Aug/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 1.30 Aug/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Jul/18
Singapore 0.60 Jul/18
South Africa 4.90 Aug/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.70 Aug/18
United States 2.70 Aug/18


Related

Latest