Kenya: Inflation eases in May
May 29, 2015
In May, consumer prices rose 0.81% over the previous month, which was below the 1.82% increase observed in April and marked a three-month low. May’s lower print largely reflected a smaller increase in the prices for food and non-alcoholic beverages compared to the previous month as well as a decrease in the prices for alcoholic beverages, tobacco and narcotics.
Headline inflation eased from 7.1% in April to 6.9% in May. Despite May’s fall, annual average inflation remained unchanged at April’s 6.7% in May.