Kenya: Inflation rises in January
January 29, 2021
Consumer prices increased a seasonally-adjusted 0.63% over the previous month in January, moderating from the 0.98% rise logged in December. January's result marked the softest rise in prices since September 2020. Looking at the details of the release, higher prices for food and non-alcoholic beverages, and housing, water, electricity and gas were partly offset by lower prices for information and communication, as well as for restaurants and accommodation services.
Inflation came in at 5.7% in January, slightly above December’s 5.6%. Meanwhile, the trend was unchanged with annual average inflation coming in at December's 5.3% in January.