Kenya Inflation

Kenya

Kenya: Inflation inches up in June

June 30, 2015

In June, consumer prices rose 0.30% over the previous month, which was below the 0.81% increase observed in May and marked a seven-month low. June’s lower print reflected that a decrease in the prices for food and non-alcoholic beverages partially offset rising prices in several other categories.

Headline inflation inched up from 6.9% in May to 7.0% in June. Despite June’s rise, annual average inflation eased from 6.7% in May to 6.6% in June.

FocusEconomics Consensus Forecast panelists expect inflation to average 6.2% in 2015, which is up 0.3 percentage points from last month’s forecast. In 2016, the panel also sees average inflation at 6.2%.


Author: Teresa Kersting, Economist

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Kenya Inflation Chart


Kenya Inflation June 2015

Note: Month-on-month and year-on-year changes of consumer price index in %.
Source: Kenya National Bureau of Statistics (KNBS).


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