Kenya Inflation April 2022

Kenya

Kenya: Inflation rises further in April

April 28, 2022

Consumer prices rose 1.69% month on month in April on a seasonally-adjusted basis, markedly up from March’s 0.85% increase, and marking the strongest increase in over two years. Looking at the details of the release, the acceleration was due to spiking prices for food and non-alcoholic beverages, as well as for transport.

Inflation jumped to a six-month high of 6.5% in April, up from March’s 5.6%. Consequently, annual average inflation rose to 6.1% in April (March: 6.0%).

FocusEconomics Consensus Forecast panelists expect inflation to average 6.2% in 2022, which is up 0.1 percentage points from last month’s forecast. For 2023, the panel sees inflation averaging 5.5%.


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Kenya Inflation April 2022

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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