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Kenya Inflation

Kenya Inflation

Inflation in Kenya

Consumer price inflation in Kenya averaged 6.3% in the ten years to 2024, in line with the Sub-Saharan Africa regional average of 10.8%. The 2024 average figure was 4.5%. For more information on inflation, visit our dedicated page.

Kenya Inflation Chart

Note: This chart displays Inflation Rate (CPI, annual variation in %) for Kenya from 2014 to 2025.
Source: Macrobond.

Kenya Inflation Data

2021 2022 2023 2024 2025
Inflation (CPI, ann. var. %, aop) 6.1 7.7 7.7 4.5 4.2
Inflation (CPI, ann. var. %, eop) 5.7 9.1 6.6 3.0 4.5

Inflation accelerates in April from the prior month

Latest reading: Consumer prices were up 5.6% on a year-on-year basis in April, following a 4.4% increase in the prior month. Despite being the strongest reading since March 2024, inflation remained within the Central Bank’s target of 2.5–7.5%. Relative to the previous month's data, there were higher price pressures for food and non-alcoholic beverages (+8.8% on a year-on-year basis vs +7.7% in March), housing, water, electricity, gas and other fuels (+2.4% vs +2.0% in March), transportation (+10.0% vs +3.8% in March) and clothing (+1.9% vs +1.8% in March). Finally, consumer prices rose 1.43% in April on a month-on-month basis, following a 0.54% rise in the prior month.

Panelist insight: On the inflation outlook, EIU analysts said: “We expect strong monthly price increases to continue for several months to come, raising the annual average inflation rate for 2026 to 5.7%. As GDP growth picks up and interest rates fall further, in the 2026-30 forecast period as a whole inflation will average 5.8%. A resumption of the kinetic phrase of the Iran war could see global fuel prices rise further, pushing up our inflation forecasts for Kenya.”

Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kenyan inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Kenyan inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Kenyan inflation projections.

Want to get access to the full dataset of Kenyan inflation forecasts? Send an email to info@focus-economics.com.

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