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Kenya Inflation July 2020

Kenya: Inflation declines to lowest level since September 2019 in July

Consumer prices increased a seasonally-adjusted 0.08% over the last month in July, rebounding from June’s 0.31% drop, amid improving demand conditions and rising oil prices.

Inflation came in at 4.4% in July, easing from June’s 4.6% result. July’s reading represented the weakest inflation rate since September 2019. In addition, the trend pointed down, with annual average inflation coming in at 4.8% in July (June: 5.4%).

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