Kenya: Inflation slides in April
April 30, 2021
Consumer prices increased a seasonally-adjusted 0.82% over the previous month in April, accelerating from the 0.40% rise logged in March. April's result was the sharpest increase in prices in four months. Looking at the details of the release, the increase was chiefly due to higher prices for food and non-alcoholic beverages, as well as for restaurants and accommodation services.
Inflation eased to 5.8% in April, moderating slightly from March’s 5.9%. Meanwhile, the trend pointed down slightly, with annual average inflation coming in at 5.1% in April (March: 5.2%).
Author: Marta Casanovas , Junior Economist