Kenya Inflation September 2020

Kenya

Kenya: Inflation ticks down in September

September 30, 2020

Consumer prices were flat in seasonally-adjusted month-on-month terms in September, following August’s 0.2% increase. September’s reading reflected higher prices for food and non-alcoholic beverages, as well as for household equipment, which were offset by lower prices for health, and information and communication services.

Inflation ticked down to 4.2% in September, from July and August’s 4.4%, which marked the lowest inflation rate since September 2019. Annual average inflation edged up to 5.3% in September from 5.2% in August.

FocusEconomics Consensus Forecast panelists expect inflation to average 5.4% in 2020, which is down 0.1 percentage points from last month’s forecast. For 2021, the panel sees inflation averaging 5.2%, which is unchanged from last month’s forecast.


Author:, Junior Economist

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Kenya Inflation September 20 20

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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