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Kenya Inflation June 2020

Kenya: Inflation falls to lowest level since September 2019 in June

Consumer prices fell a seasonally-adjusted 0.31% in June over the previous month, swinging from the 0.63% rise logged in May. June’s result marked the sharpest fall in prices since August 2019 and largely reflected lower prices for food and non-alcoholic beverages as well as for housing and utilities.

Inflation dropped to 4.6% in June, down from May’s 5.3%. June’s reading marked the lowest inflation rate since September 2019. Annual average inflation came in at 5.4% in June, matching May’s print.

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