Kenya Inflation November 2019

Kenya

Kenya: Inflation rises in November

November 30, 2019

Consumer prices rose 0.41% over the previous month in November, up from October’s 0.28% increase. The food, transport, and alcoholic beverages, tobacco and narcotics subsectors saw the steepest price increases in the month.

Inflation jumped to 5.6% in November, from October’s 5.0%. Thus, inflation rose above the midpoint of the Central Bank’s 2.5%–7.5% target range. Lastly, annual average inflation was unchanged from October’s 5.2%.

FocusEconomics Consensus Forecast panelists expect inflation to average 5.2% in 2020, which unchanged from last month’s forecast. For 2020, the panel also sees inflation averaging again 5.7%.


Author:, Economist

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Kenya Inflation Chart


Kenya Inflation November 2019 0

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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