Kenya Inflation April 2021

Kenya

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%).

FocusEconomics Consensus Forecast panelists expect inflation to average 5.9% in 2021, which is up 0.1 percentage points from last month’s forecast. For 2022, the panel sees inflation averaging 5.4%.


Author:, Junior Economist

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Kenya Inflation April 2021

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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